76.60 Fire, travel, and marine insurers; license fees. Every insurer doing a fire, travel, or marine insurance business, other than domestic insurers and insurers excepted under s. 76.61, shall pay to the state, in respect to travel or marine insurance a tax of 0.5 percent and in respect to fire insurance a tax of 2.375 […]
76.61 Town mutual insurers; taxes, charges, dues and license fees. No town mutual insurer organized under or subject to ch. 612 shall be required to pay any taxes, charges, dues or license fees to the state except those charges and dues provided for in ss. 601.31, 601.32, 601.45 and 601.93. History: 1971 c. 125; 1973 […]
76.62 License fees; calculation of. All license fees and taxes levied under any provision of law upon gross premiums other than life insurance premiums against any insurer shall be uniformly calculated on the amount of gross premiums received for direct insurance less return premiums and cancellations and returns from savings and gains on all insurance […]
76.63 Casualty insurance; license fees. (1) Every insurer doing a casualty or surety business, other than domestic insurers and insurers exempted under s. 76.61, shall pay to the state 2 percent of its gross premiums, as calculated under s. 76.62, on all policies or contracts which have been written on the lives of residents or […]
76.635 Credit for investment in certified capital companies. (1) Definitions. In this section: (a) “Certified capital company” has the meaning given in s. 560.29 (1) (a), 2009 stats. (b) “Certified capital investment” has the meaning given in s. 560.29 (1) (b), 2009 stats. (c) “Investment date” has the meaning given in s. 560.29 (1) (d), […]
76.636 Credit for certain development zone activities. (1) Definitions. In this section: (a) “Brownfield” means an industrial or commercial facility in which expansion or redevelopment is complicated by environmental contamination. (b) “Development zone” means any of the following: 1. A development zone under s. 238.30 or s. 560.70, 2009 stats. 2. A development opportunity zone […]
76.637 Economic development credit. (1) Definition. In this section, “claimant” means an insurer who files a claim under this section and is certified under s. 238.301 (2) or s. 560.701 (2), 2009 stats., and authorized to claim tax benefits under s. 238.303 or s. 560.703, 2009 stats. (2) Filing claims. Subject to the limitations under […]
76.638 Early stage seed investment credit. (1) Definitions. In this section, “fund manager” means an investment fund manager certified under s. 238.15 (2) or s. 560.205 (2), 2009 stats. (2) Filing claims. (a) For taxable years beginning after December 31, 2008, subject to the limitations provided under this section and s. 238.15 or s. 560.205, […]
76.639 Low-income housing credit. (1) Definitions. In this section: (a) “Allocation certificate” means a statement issued by the authority certifying that a qualified development is eligible for a credit under this subsection and specifying the amount of the credit that the owners of the qualified development may claim. (b) “Authority” means the Wisconsin Housing and […]
76.64 Quarterly installments. Insurers shall pay installments of the total estimated payment under ss. 76.60, 76.63, 76.65 and 76.66 on or before April 15, June 15, September 15 and December 15. Every insurer shall make a return for the preceding calendar year on or before March 1 setting forth the information that the commissioner of […]
76.645 Penalties. (1) Late payment. An insurer that fails to make quarterly payments under s. 76.64 of at least 25 percent of either the total tax paid for the previous calendar year or 80 percent of the actual tax for the current calendar year is liable, in addition to the amount due, for interest of […]
76.65 Life insurers; license fee. Every insurer doing a life insurance business within this state, except fraternals as defined in s. 614.01, shall pay into the state treasury as an annual license fee for transacting such business the amounts following: (1) Domestic insurers. (a) If such insurer is organized under the laws of this state, […]
76.655 Health Insurance Risk-Sharing Plan assessments credit. (1) Definitions. In this section, “claimant” means an insurer, as defined in s. 149.10 (5), 2011 stats., who files a claim under this section. (2) Filing claims. Subject to the limitations provided under this section, for taxable years beginning after December 31, 2005, and before January 1, 2015, […]
76.66 Retaliatory taxation of nondomestic insurers. (1) In this section, “taxes” means the taxes imposed on nondomestic insurers under ss. 76.60, 76.63, 76.65 (2) and 601.93 less offsets allowed against those taxes under s. 646.51 (7) or the amounts imposed on domestic insurers by another state or foreign country for similar purposes. (2) If another […]
76.67 Reciprocal taxation of foreign insurers. (1) In this section, “taxes” means the taxes imposed on foreign insurers under ss. 76.60, 76.63, 76.65 (2) and 601.93 less offsets allowed against those taxes under s. 646.51 (7) or the amounts imposed on domestic insurers by another state for similar purposes. (2) If any domestic insurer is […]
76.68 License; issuance; collection of fees. (1) Every license issued under this subchapter and chs. 600 to 646 shall certify that payment of the license fee or tax and the fee required by s. 601.31 (1) (b) has been made, be signed by the commissioner of insurance and be in a form approved by the […]
76.69 Deduction for personal property taxes. Any domestic insurer may deduct from the license fee imposed on the insurer for any year under s. 76.65 (1) an amount equal to one-half of the general property taxes paid for the previous year on personal property in this state which is used in the operation of its […]
