Tax Credits

Angel Investment Tax Credit Program

Angel investors and angel investor networks that invest in Qualified New Business Ventures may be eligible to claim an income tax credit on that investment, equal to 12.5% in each of two years. Angel Investment Tax Credit Program Website

Economic Development Tax Credit
Economic Development Tax Credit Website

Job Creation

Tax credits can be earned through the creation of new, full-time positions that pay at least $10.88 per hour. Businesses must create the jobs within three years and maintain them for at least two additional years. Tax credits will be released on an annual basis, in direct proportion to the number of jobs created.

Capital investment

Tax credits may be earned through capital investment for property and equipment. Expenditures for working capital, employment costs, moving costs, intellectual property and unrelated fees and permits are not eligible. Tax credits will be released on an annual basis, as eligible expenditures take place. Businesses whose primary activity includes such things as retail, commercial development, recreation, entertainment or direct health care are not eligible to earn tax credits through capital investment.

Employee Training

Tax credits may be earned through many types of training provided to existing and new employees in full-time positions. Training must be related to a specific project. Eligible training costs include trainee wages, trainer costs and trainer materials. Tax credits will be released on an annual basis, as eligible training costs are incurred.

Corporate Headquarters

Tax credits may be earned by businesses locating global, national divisional or regional headquarters operations to Wisconsin or by businesses whose existing Wisconsin headquarters are at risk of leaving the state. Credits will be allocated on a per-job basis.

Enterprise Development Zones

This program provides site specific tax incentives to new or expanding businesses whose projects will affect distressed areas. Enterprise Development Zones Website

Venture Capital Tax Credits

Venture Capital Funds that are certified by the Department of Commerce and that invest in Qualified New Business Ventures may be eligible to claim a 25% income tax credit on that investment. Venture Capital Tax Credits Website