WI - Permanent rules adopted on apportionment and nexus

MN - Additional changes for 2010 tax year discussed

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WI - Permanent rules adopted on apportionment and nexus

The Wisconsin Department of Revenue has adopted a final rule order amending a number of corporation franchise and income tax rules relating to apportionment and nexus. In general, the order amends the rules to explain how they apply to corporations that are required to use combined reporting. No substantive changes have been made to the permanent rules, as compared to the previously reported emergency rules that went into effect on December 31, 2009.

The permanent rules are scheduled to become effective on July 1, 2010. Final Rule Order CR 10-001, Wisconsin Department of Revenue, effective as noted