7th Circuit strikes down Wisconsin intangible property tax on railroads

(Source: Milwaukee Journal Sentinel, October 8, 2019)

MILWAUKEE, Wisc. Wisconsin's effort to tax a railroad's custom software has been ruled unlawful by a federal appeals court. Union Pacific Railroad Co. refused to pay more than $2.6 million Wisconsin claimed it owed on the value of its custom software under the state's intangible personal property tax.

Full story: Milwaukee Journal Sentinel

Wednesday, October 9, 2019
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