2.986 Registration of a business under s. 73.03

Official source

(69), Stats. (1) PURPOSE. This section establishes the method of valuing property and the registration deadline for purposes of s. 73.03 (69), Stats. (2) DEFINITION. In this section, Xdoing business in this stateY has the meaning given in s. 71.22 (1r), Stats. (3) METHOD OF VALUING PROPERTY. For purposes of s. 73.03 (69) (b) 2., Stats., real and tangible personal property owned by the business shall be valued at its original cost and real and tangible personal property rented by the business shall be valued at an amount equal to the annual rental paid by the busi- ness, less any annual rental received by the business from sub- rentals, multiplied by 8. (4) REGISTRATION DEADLINE. (a) Except as provided in par. (b), a business shall register with the department under s. 73.03 (69), Stats., on or before the close of the calendar year for which the business desires registration. A business may not be regis- tered for a calendar year if the registration is not within the time provided in this subsection. (b) A business that desires registration for the calendar year in which it begins doing business in this state shall register with the department during the following calendar year. Example: Business A begins doing business in Wisconsin on March 8, 2014. Business A must register with the department for calendar year 2014 between Janu- ary 1, 2015, and December 31, 2015. History: CR 14-005: cr. Register August 2014 No. 704, eff. 9-1-14. Published under s. 35.93, Stats. Updated on the first day of each month. Entire code is always current. The Register date on each page is the date the chapter was last published.

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2.986 Registration of a business under s. 73.03

Official source

(69), Stats. (1) PURPOSE. This section establishes the method of valuing property and the registration deadline for purposes of s. 73.03 (69), Stats. (2) DEFINITION. In this section, Xdoing business in this stateY has the meaning given in s. 71.22 (1r), Stats. (3) METHOD OF VALUING PROPERTY. For purposes of s. 73.03 (69) (b) 2., Stats., real and tangible personal property owned by the business shall be valued at its original cost and real and tangible personal property rented by the business shall be valued at an amount equal to the annual rental paid by the busi- ness, less any annual rental received by the business from sub- rentals, multiplied by 8. (4) REGISTRATION DEADLINE. (a) Except as provided in par. (b), a business shall register with the department under s. 73.03 (69), Stats., on or before the close of the calendar year for which the business desires registration. A business may not be regis- tered for a calendar year if the registration is not within the time provided in this subsection. (b) A business that desires registration for the calendar year in which it begins doing business in this state shall register with the department during the following calendar year. Example: Business A begins doing business in Wisconsin on March 8, 2014. Business A must register with the department for calendar year 2014 between Janu- ary 1, 2015, and December 31, 2015. History: CR 14-005: cr. Register August 2014 No. 704, eff. 9-1-14. Published under s. 35.93, Stats. Updated on the first day of each month. Entire code is always current. The Register date on each page is the date the chapter was last published.