Deferral and Exclusion of Long-Term Capital Gains for Investments
The following information is provided by the Wisconsin Department of Revenue. Fact Sheet 1102-2 Deferral of Gain Section 71.05(26), Wis. Stats., provides a deferral of tax on long-term capital gain that is realized from the sale of assets and reinvested in a “qualified Wisconsin business.” The deferral is only available to individuals, including individual partners […]