Wisconsin Provides Sales Tax Exemption for Contract Research Services

The Wisconsin Governor signed a law amending the code to provide sales and use tax exemption to persons engaged in contract research services. The law expands the definition of “qualified research” to include research funded by customers. The law takes effect on July 1. [A.B. 670, enacted 04/03/26]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.