76.04 Reports of companies; penalty.
(1) Every company defined in s. 76.02 shall, annually, file a true and accurate statement in such manner and form and setting forth such facts as the department shall deem necessary to enforce ss. 76.01 to 76.26. The annual reports shall be filed on or before May 1.
(1m) For sufficient reason shown the department may upon written request allow such further time for making and filing the report under sub. (1) as it may deem necessary, but not to exceed 30 days. If any company fails to file such report within the time prescribed or as extended under this subsection, the department shall add to the taxes due from such company $250 if the report is not filed within 15 days after the due date or extended due date and an additional $250 for each month or part of a month thereafter during which the report is not filed, except that the total penalty may not exceed $2,500. No company may in any action or proceeding contest the imposition of such penalty.
(2) The forms for all reports required by ss. 76.01 to 76.26 shall be prescribed and furnished by the department of revenue.
History: 1971 c. 125 s. 521; 1983 a. 27; 1985 a. 29; 1991 a. 39; 1995 a. 351; 2015 a. 216; 2021 a. 1.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 76 - Taxation of public utilities and insurers.
76.01 - Railroads and utilities, assessment.
76.025 - Miscellaneous provisions.
76.03 - Unit assessment and situs for taxation.
76.04 - Reports of companies; penalty.
76.05 - Refusal or neglect to report.
76.06 - General powers of investigation.
76.075 - Adjustments of assessments.
76.09 - Assessment of omitted property.
76.11 - Aggregate of all general property taxes.
76.125 - Net tax rate for commercial and manufacturing property.
76.126 - Average net rate of taxation.
76.14 - Remedies for nonpayment of taxes.
76.17 - Immaterial irregularities.
76.18 - Presumption of regularity.
76.23 - Exemption from other taxation.
76.24 - Distribution of revenue.
76.25 - Experts and employees.
76.28 - License fee for light, heat and power companies.
76.29 - License fee for selling electricity at wholesale.
76.30 - Confidentiality provisions.
76.31 - Determination of ad valorem tax receipts for hub facility exemptions.
76.46 - Powers of investigation.
76.48 - License fees, electric cooperatives.
76.54 - Motor carriers and urban transit companies; municipal taxation.
76.60 - Fire, travel, and marine insurers; license fees.
76.61 - Town mutual insurers; taxes, charges, dues and license fees.
76.62 - License fees; calculation of.
76.63 - Casualty insurance; license fees.
76.635 - Credit for investment in certified capital companies.
76.636 - Credit for certain development zone activities.
76.637 - Economic development credit.
76.638 - Early stage seed investment credit.
76.639 - Low-income housing credit.
76.64 - Quarterly installments.
76.65 - Life insurers; license fee.
76.655 - Health Insurance Risk-Sharing Plan assessments credit.
76.66 - Retaliatory taxation of nondomestic insurers.
76.67 - Reciprocal taxation of foreign insurers.
76.68 - License; issuance; collection of fees.