December 2, 2004

Wisconsin Banks & Tax Shelters

The Wisconsin Department of Revenue continues to pursue local banks that have setup subsidiaries in Nevada to avoid Wisconsin's 7.9% state corporate tax rate. More power to the DOR, but the $26M in settlements seems rather small. I wonder if this is done for effect? Paul Gores has more.

Posted by James Zellmer at December 2, 2004 12:00 AM | Subscribe to this site via RSS:
Posted to Business | Politics | Taxes