238.308 Business development tax credit.
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238.308 Business development tax credit.
(1)Definitions. In this section:
(a)“Eligible employee” means a person employed in a full-time job by a person certified under sub.
(2).
(b)For taxable years beginning after December 31, 2023, “full-time job” means a nonseasonal job for which the annual pay is more than the amount determined by multiplying 2,080 by 150 percent of the federal minimum wage and for which the person is offered retirement, health, and other benefits.
(2)Certification.
(a)The corporation may certify a person to receive tax benefits under this section if all of the following apply:
1. The person is operating or intends to operate a business in this state.