Wisconsin Businesses Call for Level Playing Field

Flaws in Wisconsin's tax code allow multi-state companies to avoid their fair share of in-state taxes. We're working to close these tax loopholes by passing combined reporting. If you own a Wisconsin business, please sign the letter below.

An Open Letter to Gov. Doyle and Members of the Wisconsin State Legislature:

As members of the Wisconsin business community, we are writing in support of the proposals to restore fairness to business taxation in the state and to close corporate tax loopholes. Specifically, the state should revise provisions of the tax code that unintentionally allow some companies that operate across state lines to avoid paying their corporate income taxes, leaving other taxpayers to shoulder their burden.

We urge you to close corporate tax loopholes by passing “Combined Reporting”. Combined reporting prevents multi-state companies from shifting income between subsidiaries in various states as a way to avoid state taxes.

More than 50 percent of the United States’ economy is already covered by combined reporting. Last year, New York, Michigan, West Virginia, and Massachusetts approved the practice.

Please level the playing field for in-state businesses by passing combined reporting this year.

Sincerely yours,