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Wisconsin enacts budget bill with numerous tax provisions

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On Sept. 21, 2017, Wisconsin Gov. Scott Walker signed into law Assembly Bill 64 as 2017 Wisconsin Act 59, which amends various corporate income tax, sales and use tax and personal income tax statutes, and modifies the state’s property tax laws. Included in the budget are provisions updating the state’s conformity to the Internal Revenue Code and revising net operating loss and broadcaster apportionment provisions.