State Income Tax Nexus and Wisconsin Pass-Through Audit Update

In this presentation to the Milwaukee Tax Club, Tim Smith provided an update on Public Law 86-272 and recent state efforts to treat internet-based activities as creating state income tax nexus. He also covered 2021 Wis. Act 262, which allows the Wisconsin Department of Revenue to conduct audits of pass-through entities at the entity level. If you are interested in the slides from the presentation, please contact Tim directly.