Audit: WEDC should change rules on Foxconn to comply with law, contract

An audit has found the state’s economic development agency planned to give Taiwanese electronics manufacturer Foxconn tax credits for employees who did not perform work in Wisconsin, which would have been a violation of its contract with the company and state law.

But Wisconsin Economic Development Corp. CEO Mark Hogan said in his official response in the audit document the agency is holding off on an immediate change, arguing work done by employees outside of Wisconsin should count toward tax incentives because they’re directed by Foxconn’s Wisconsin location....