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WI Sales and Use Tax agreement reached

Posted by Admin Posted on Feb 13 2018




SALES AND USE TAX-Agreement reached.


Governor Scott Walker and Speaker Robin Vos announced an agreement to return the state's budget surplus to taxpayers through a one-time child tax rebate and sales tax holiday in 2018. Families will receive $100 by check for every child living at home under age 18. Under the agreement with Speaker Vos, when parents make the claim with the state online, they will also have the option to donate the amount to charitable causes that are currently part of the state tax check-off program. The sales tax holiday is set for August 4-5, 2018. Consumers will be exempt from paying state sales tax on all retail "off the shelf" items up to $100. The exemption does not apply to the sale of taxable services, prepared food, motor vehicles, motor vehicle parts, tangible or intangible property used to access telecommunications services, tangible or intangible property provided by a utility, or alcohol and tobacco products. ( Wisconsin Governor and Speaker Agree to Tax Relief Package, 02/08/2018 .)




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