No interest is required under par. (em) for a pass-through entity if any of the following conditions apply: 1.
(1)#
The amount of withholding tax due under sub. (2) is less than $500.
(2)#
The amount of withholding tax due under sub. (2) is less than $5,000, the pass-through entity had no withholding tax liability under sub. (2) for the preceding taxable year, and the preceding taxable year was 12 months.
(3)#
The secretary of revenue determines that because of casualty, disaster, or other unusual circumstances it is not equitable to impose interest.