Multistate Tax Alert: Wisconsin Issues New Ten-year Look-Back Policy Applicable to Certain Income and Franchise Tax Non-Filers |
The Wisconsin Department of Revenue recently issued a new ten-year Look-Back Policy applicable to certain Wisconsin income and franchise tax non-filers. Prior to the issuance of this policy, the state did not have an established administrative practice concerning the number of prior tax periods for which the state would seek to collect tax, interest, and penalties for non-filers with Wisconsin nexus.
In the attached Tax Alert we summarize the state's new Look-Back Policy.
Multistate Tax Alert: Wisconsin Issues New Ten-year Look-Back Policy Applicable to Certain Income and Franchise Tax Non-Filers



