Corporate collections boost state GPR

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Corporate collections rose 72.6 percent to date in fiscal year 2021 compared to last year.

Despite a pandemic-induced recession, that corporate tax boost helped Wisconsin see a 5.2 percent increase in GPR collections in the first five months of the 2021 fiscal year over the previous year, according to the Department of Revenue.

November 2020 had a 4.3 percent increase over November 2019.

Collections for the fiscal year 2021 totaled over $6.6 billion since July 1, an increase of nearly $330 million compared to the same period in the fiscal year 2020. Nearly $1.6 billion was collected in ...

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