Wisconsin R&D Tax Credit Summary
R&D Tax Credit Available
The Basic Research Credit
DOES IT APPLY TO C-CORPS & PASS THROUGHS?
Nonrefundable credit with similar definitions as federal for Qualified Research Expenses and Qualified Research Activities except only include Wisconsin based-expenses. There is additional credit available for certain industries and development zones.
5.75% on incremental expenses over base amount. Base amount follows federal ASC method.