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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The extension of the tax credits authorized by s. 79.10 on the tax roll shall be deemed payment of that portion of the total tax due on property to which such credits are applicable.
(2) Except as provided in s. 79.10(10)(d), the payment of the difference between the total tax which is due on any property less the amount of the tax credits applicable to such property authorized by this subchapter shall be considered payment in full of the property taxes due thereon in that year.
(3)(a) In those cities, villages and towns where the payment of property taxes is authorized to be made in installments, such installment payments shall be based on the net amount of taxes due after the tax credits authorized by this subchapter have been applied.
(b) Notwithstanding ss. 74.11(2)(b) and 74.12(2)(b), the lottery and gaming credit shall be deducted in its entirety from the first installment. This paragraph does not apply to the payment of taxes in installments under s. 74.87.
Cite this article: FindLaw.com - Wisconsin Statutes Taxation (Ch. 70 to 79) § 79.11. Payment of tax credits - last updated January 01, 2025 | https://codes.findlaw.com/wi/taxation-ch-70-to-79/wi-st-79-11/
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