May 8, 2024

By Lane Kimble

A law WTBA helped pass, clarifying the manufacturing sales tax credit for important road building equipment, goes into effect soon.

Contractors who want to claim the credit on portable plants, crushers, and other machines must submit one of two forms with their equipment suppliers for anything bought on or after June 1, 2024.  One form provides a paper copy, the other is an electronic submission.

Form S-211, Wisconsin Sales and Use Tax Exemption Certificate: Check the box for “other exemptions provided by law” and enter “Road Building Equipment.”

Form S-211E, Electronic Wisconsin Sales and Use Tax Exemption Certificate: Check the box for “Construction – Road Building Equipment.”

WTBA registered and testified in favor of the bill this past session.  The state Department of Revenue detailed the changes in its quarterly Wisconsin Tax Bulletin this past week (Page 10, Item 7).