Rate Change for Stockholm, Wisconsin, October 2014
- Aug 22, 2014 | Gail Cole
Under Wisconsin law, municipalities and counties meeting certain criteria may impose a premier resort area tax. In most cases, the tax may only be imposed when at least 40% of the equalized value of the taxable property within the municipality or county is used by tourism-related retailers. However, there are exceptions to this rule.
Both Bayfield and Eagle River may impose a premier resort area tax even if less than 40% of the equalized value of the taxable property within the cities is used by tourism-related retailers.
The following localities may also impose a premier resort area tax even if less than 40% of the equalized value of the taxable property is used by tourism-related retailers, provided the tax is approved by voters:
- Ephraim
- Sister Bay
- Stockholm
Voters in the Village of Stockholm have approved the imposition of the premier resort area tax. As a result, the 0.5% tax will take effect October 1, 2014.
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