WISPIRG Strongly Opposes Bill Introduced to End Combined Reporting

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WISPIRG

Earlier this year, the Wisconsin legislature enacted a state stimulus bill which modernized the state’s tax code by requiring multi-state corporations to use combined reporting.  The bill closed a loophole which had allowed these corporations to avoid paying their fair share of state taxes.

In enacting combined reporting, the legislature stood up for Wisconsin businesses and small business owners, and restored fairness to Wisconsin’s tax system by leveling the playing field among multi-state corporations and Wisconsin businesses.

On Tuesday, a bill was introduced that would end combined reporting in the state. WISPIRG opposes this bill, and urges the legislature to uphold this common sense reform.