Wisconsin DOR Issues Guidance on Use Tax as Counterpart of Sales Tax

The Wisconsin Department of Revenue June 17 issued guidance on use tax as a counterpart of sales tax for sales and use tax purposes. The guidance includes information that: 1) the use tax applies when the sales tax isn’t charged and no exemption applies; 2) the state use tax rate is 5 percent, and if the item purchased is used, stored, or consumed in a county that imposes county tax, a taxpayer must also pay an additional 0.5 percent county tax; and 3) state and county use tax due may be offset by tax properly paid in another state. [Wis. ...