Updated Personal Property Exemption Information Available Online

December 5, 2023

To: All SLF Customers

The Wisconsin Department of Revenue (DOR) posted an updated set of common questions for implementing 2023 Wisconsin Act 12 specific to the exemption of personal property, which is effective January 1, 2024.

Summary of the updates:

  • Added definitions for improvement and fixture: #7, #9
  • Additional information on process to determine taxability of leased property: #10
  • Recording document now available from Register of Deeds Association for parcel creation: #17
  • Additional information on requirements for the parcel's description: #19
  • Additional information on mobile home parking permit fee collections: #29

Questions?

WI Act 12 Information – provides topical contact information.