signs bill targeting businesses moving out of state
MADISON. — Gov. Tony Evers
has signed into law a bill that eliminates a tax benefit for
companies that move out of Wisconsin.
The measure signed Monday targets tax deductions businesses claim
when they move. Under current law, a business may deduct from its
income or tax liability all expenses paid to move from one location
The law that passed the Legislature with bipartisan support doesn’t
allow for businesses to deduct expenses if they move out of state.