Wisconsin – Exemptions for Farm Suppliers and Farmers

SALT Report 1618 – The Wisconsin Department of Revenue has updated a sales and use tax publication for farmers and farm suppliers.  The updated publication reflects laws recently enacted by the Wisconsin Legislature and are in effect as of July 1, 2012.
Important Changes
Drugs for pets and horses used in racing, pleasure riding, or show are taxable except when purchased from a veterinarian.  This applies to sales that occur before and after July 1, 2012.
A flow chart has been added to help taxpayers determine whether an exemption applies for purchases of:
  • Tractors and machines
  • Parts for tractors and machines
  • Accessories
  • Attachments
  • Lubricants
  • Non-powered equipment, and
  • Other items
The publication discusses  the Department’s position regarding the nature of sales and use taxes; seller’s permits; use tax registration; collection of tax; returns and payments; taxable and exempt sales; services; sales of goods by farmers; when and where a sale occurs; and record keeping.
For Further Information: