Weekly Fiscal Facts are provided by the Wisconsin Policy Forum, the state’s leading resource for nonpartisan state and local government research and civic education. The Wisconsin Public Policy Forum logo can be downloaded here.
Wisconsin will collect online sales taxes beginning Oct. 1
Beginning Oct. 1, Wisconsin will start collecting sales taxes on most retailers, namely those who engage in 200 or more transactions with state residents annually or yearly sales of more than $100,000 in Wisconsin.
This move is expected to increase sales tax collections for the state by an estimated $90 million in the fiscal year ending in June 2019 and $120 million in fiscal year 2020. In addition, counties and stadium park district collections would rise by $7.7 million in fiscal 2019 and $10.3 million the following year. The boost in annual sales taxes for Milwaukee County alone could amount to at least $2 million, according to an estimate by county officials.
This information is a service of the Wisconsin Policy Forum, the state’s leading resource for nonpartisan state and local government research and civic education.