Tax

Brown County Sales Tax Update

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Written by Kelly Oliver

June 17, 2015

Effective September 30, 2015, the football stadium tax in Brown County will officially end. This 0.5%, in addition to the Wisconsin 5% sales tax, was imposed on purchasers of items used, stored or consumed in Brown County. Businesses making taxable sales, licenses, leases or rentals, or providing taxable services were required to report and pay these amounts on their sales tax returns.

On October 1, 2015, businesses and others selling taxable goods or services to Brown Country should no longer collect and pay the 0.5% tax.

If you use QuickBooks, please use the following steps to make this change.

If you have a single “Sales Tax Item” set up as 5.5%:

Click Lists on the top menu bar, click Item List; scroll to the sales tax item, double click to edit and change the tax rate from 5.5% to 5%, click OK

If you have the sales tax set up as a “Sales Tax Group” with the Wisconsin rate at 5% and Stadium tax rate at 0.5%:

Click Lists on the top menu bar, click Item List; scroll to the sales tax item for the Stadium tax, double click to edit and change the tax rate to 0%, click OK

If you are currently using another accounting program and have questions, please contact a local representative.

 

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Kelly Oliver
I manage tax return preparation, review, and audits for businesses, individuals, and nonprofits. I also handle financial statements and provide accounting and payroll services to various industries. Additionally, I serve on the Firm's Estate and Trust Planning and Community Service Day Committees.

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