Concerns About Closing “dark Store Loophole”

MADISON, WI (Ben Caxton) — The state’s largest business lobby has concerns over closing the so-called “dark store loophole.” Bob Hague explains exactly what the loophole is, and why eliminating it may have unexpected consequences. “It allows businesses to base tax assessments on their value as a vacant store, and that results in lower property taxes. Scott Manley, Senior Vice President of Government Relations at Wisconsin Manufacturers and Commerce, says closing it [MANLEY] Local government groups see this as a gap in the law that allows corporations to pay less tax [MANLEY] Efforts to close the “loophole,” failed to advance during the last legislative session. Governor Tony Evers’ included a provision to do it in his state budget.

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