Key insights
- Wisconsin made significant changes to its largest economic development program to make more projects eligible and credits easier to use.
- Under the new legislation, projects with only capital investment now qualify, instead of requiring both capital investment and job creation.
- The legislation also adds additional tax credit categories for investing in workforce housing and providing childcare benefits.
- Projects meeting either job creation or capital investment goals are eligible to receive partial benefits.
Wisconsin has made significant changes to its Business Development Tax Credit (BTC) program. The changes shift the program’s focus away from job creation and toward projects with capital expenditures.
Discover how these changes can benefit your business and enhance your growth potential in Wisconsin.
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- - Volume: 24 - WEEK: 24 Date: 6/14/2024 8:54:34 AM -