TAXATION AND REVENUE SYSTEMS—WISCONSIN. 
267 
insurance companies, millers and manufacturers and church 
mutual, for filing the first declaration or statement, with cer 
tified copy of charter, $25; annual statement, $25; certificate 
of authority to agents, $1; certified copy of a paper, etc., 15 
cents per folio; affixing seal, 50 cents. 
Every fraternal benefit society is exempt from all state, 
county, district municipal, and school taxes or fees, but is 
required to pay all taxes and special assessments on its real 
estate and office equipment, and the same fees for filing its 
articles or amendments and annual report and for certified 
copies, as other insurance companies. 
Railroad commission.—Public service corporations, for cer 
tificates authorizing issue of evidence of indebtedness for pur 
poses chargeable to capital account, $1 for each $1,000 face 
value of evidence of indebtedness—these fees to be paid into 
the common school fund income. 
In each action in a court of record having civil jurisdiction 
there shall be levied a tax of $1, which shall be paid to the 
clerk at the time of the commencement thereof, which tax on 
suits in the circuit court shall be paid into the state treasury 
and form a separate fund to be applied to the payment of the 
salaries of the circuit judges, and which tax in other courts of 
record the salaries of the judges of which are wholly paid by 
the counties or by any county and city jointly shall be paid 
to the county treasurer to create a fund to be applied to the 
payment of the salaries of such judges. 
F. THE INCOME TAX. 
On taxable incomes of individuals, firms, or copartnerships, 
on the first $1,000 or portion thereof, 1 per cent; second, 1£ 
per cent; third, 1£ per cent; fourth, If per cent; fifth, 2 per 
cent; sixth, 2^ per cent; seventh, 3 per cent; eighth, 3i per 
cent; ninth, 4 per cent; tenth, 4$ per cent; eleventh, 5 per 
cent; twelfth, 5J per cent; all additional amounts, 6 per cent. 
On the taxable income of a corporation, joint-stock company, 
or association, the rate is one-half of 1 per cent on taxable in 
come which bears a ratio of 1 per cent or less to the assessed 
value of the property used in its acquisition, and with each 
increase of 1 per cent or fraction thereof in the ratio of the 
taxable income to the assessed value of said property the rate 
increases one-half of 1 per cent up to a maximum rate of 6 
per cent Thus if a taxable income is over 5 and not more 
than 6 per cent of the assessed value the rate is 3 per cent. 
All income, other than that by statute exempt, which resi 
dents of the state receive from within or without the state as 
well as that which nonresidents receive from within the state 
is taxable. 
Where a resident receives income partly from within and 
partly from without the state, other than income derived 
from rentals, stocks, bonds, securities, or evidences of indebted 
ness, said resident is taxed on a proportion of the total income 
to be determined by the amount of property from which it is 
derived located or to be acquired within the state and by the 
business transacted within and without the state. 
In the case of individuals, firms, and copartnerships the fol 
lowing deductions from the gross income are allowed; 
(1) Necessary expenses, including salaries or wages, of less 
than $700. 
(2) Salaries or wages of $700 or more, providing the name 
and address of the employee is reported. 
(3) Uninsured losses during the year. 
(4) Dividends received from other persons whose income 
has been taxed by the state, providing the amount of said divi 
dends has been reported by the person taxed at the time of 
the assessment. 
(5) Interest received from bonds or other securities exempt 
from taxation under the laws of the United States. 
(6) Amount paid in taxes, other than inheritance taxes, and 
paid upon the property or business from which the income to 
be taxed is derived. 
(7) All inheritances, devises, and bequests on which in 
heritance tax has been paid. 
(8) Life insurance received to the amount of $10,000, if the 
taxpayer was legally dependent on the decedent. 
(9) Current interest paid on existing indebtedness, provid 
ing taxpayer reports the name and address of the creditor. 
(10) Compensation or pensions received from the United 
States. 
The deductions 1 to 6 above apply also in the case of cor 
porations, joint-stock companies, or associations. The interest 
paid on the bonds of a corporation is not, however, allowed as 
a deduction from the income, but the bonds are considered an 
interest in the property and business of the corporation; and 
the interest payable on the bonds is taxed to the bondholders 
as a whole and collected at the source. 
After the aforesaid deductions have been made from the 
gross income, the remainder is taxable, subject to the follow 
ing exceptions: 
(1) (a) To an individual income up to and including $800; 
(&) to husband and wife, $1,200; (c) for each child under the 
age of 18 years, $200; (d) for each additional person, for 
whose support the taxpayer is legally liable and who is en 
tirely dependent upon the taxpayer for his support, $200; 
(c) the aforesaid exemptions do not apply to incomes derived 
from sources within the state by nonresidents thereof, nor to 
firms, copartnerships, corporations, joint-stock companies, nor 
associations. In computing the exemptions and the amounts 
of taxes payable, the income of a wife is added to the income 
of her husband, and the income of each child under IS years of 
age to that of its parent or parents, when said wife or child 
is not living separately from said husband, parent, or parents. 
(2) Income of any mutual savings or loan and building as 
sociation, or of any religious, scientific, educational, benevolent, 
or other association of individuals not organized or conducted 
for pecuniary profit. 
(3) Incomes derived from property and privileges by per 
sons now required by law to pay taxes or license fees directly 
into the treasury of the state in lieu of taxes, and such per 
sons shall continue to pay taxes and license fees as hereto 
fore. 
(4) Income received by the United States, the state, and all 
counties, cities, villages, school districts, or other political 
units of the state. 
The taxpayer is to make out a list of his taxable income on 
forms supplied by the tax commission or the assessor of 
incomes. 
To secure diligence on the part of the assessor, he is sub 
jected to a penalty of $5 for each unanswered question on 
each blank returned, the amount of penalty to be deducted 
from his salary. For individuals, the period covered for the 
annual income tax is in all cases the calendar year. For 
firms, copartnerships, corporations, joint-stock companies, and 
associations the period is for the calendar year except that 
where the books are customarily closed at a date other than 
December 31, or where the income is estimated on a basis 
other than that of actual cash receipts and disbursements the 
taxpayer may, with the approval of the tax commission, return 
for assessment the income or profits earned during the business 
years for which the accounts are customarily made up. 
The assessor of incomes or the tax commission, as the case 
may be, may increase and correct the amount listed by the 
taxpayer. The state tax commission appoints three citizens in 
each county as a board of review of which the county clerk is 
ex officio the clerk.