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Taxes in Weston, WI
In Weston, Wisconsin, the local sales tax rate is 0.5%. This is in addition to the state sales tax rate, which is set at 5%. Furthermore, the county sales tax rate for Marathon County, where Weston is located, is 0.5%. Therefore, the total sales tax rate in Weston, WI is 6% when all these rates are combined.
As for corporate income tax, Wisconsin has a flat corporate tax rate of 7.9% which applies to all corporations. However, it's important to note that this rate may vary depending on the type of corporation and other factors. In terms of gross receipts tax, Wisconsin does not impose a state-level gross receipts tax. Therefore, businesses in Weston, WI are not subject to this type of tax.
Regarding property taxes in Weston, WI, these rates can vary based on the type of property. Commercial and industrial properties are typically taxed at the same rate as residential properties. The exact rate can vary year to year based on the budget needs of the local government and school district. Personal property, which includes movable items not permanently affixed to, or part of the real estate, is generally exempt from property taxes in Wisconsin. However, certain types of businesses may be subject to personal property taxes on specific types of equipment and fixtures.
More comprehensive tax data for Weston is coming soon!
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Business and Tax Incentives in Weston, WI
Weston offers a variety of economic incentives to help businesses at the local, state, and federal level.
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FAQs about Weston, WI
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