Wisconsin vs. Minnesota
Tax Rates

Wisconsin Taxes

Corporate Income
Base: Net Income
Rate: 7.9% (plus a recycling surcharge equal to 3.0% of tax due before credits.)*
Apportionment: 100% sales (eff. 2008)

Personal Income
Rates: 4.60% to 6.75% (the recycling surcharge also applies to net business income of individuals at the rate of 0.2%. Proposal in legislature to lower rates.)*

Property
Base: Real property and tangible personal property (exemptions for machinery and equipment used in manufacturing; manufacturing, merchant and farm inventories; and computer hardware and software. Other property tax exemptions apply in specific situations.)
Statewide Rate (excluding Milwaukee County): Estimated at $20.00 per $1,000 of full value.
Milwaukee County Rate: Estimated at $25.00 per $1,000 of full value.

Sales & Use
State Rate: 5.00%
Local County Option: 0.50%
Stadium Taxes: 0.10% Metro-Milwaukee / 0.50% Brown County
Combined Rates: 5.00% - 5.60%

Unemployment Compensation
Base: $10,500
Rates: 0.50% - 9.80%
New Employers: 3.25% to 3.40%
New Construction Employers: 6.60%

*Surcharge limited to maximum of $9,800 and a minimum of $25. The surcharge is generally imposed on taxpayers engaged in trade or business with gross receipts of at least $4,000,000 for the taxable year.