Wisconsin Sales Tax Updates

​Several important tax changes have been made in Wisconsin, be sure you are ready for them. There has been an increase in the Retailer’s Discount Deduction, and changes to sales taxes in the City of Milwaukee and Milwaukee County.

Increase in Retailer's Discount Deduction:

As a part of the State Budget passed earlier this year, you will get to retain more of the sales tax funds that you collect to offset the administrative expenses. For taxes payable on or after October 1, 2023, the retailer's discount on the total sales tax amount increased from 0.5 percent to 0.75 percent, and the limit of a retailer's discount that may be deducted on a sales and use tax return increased from $1,000 to $8,000 per reporting period. See Wisconsin Tax Bulletin 222 (July 2023) for additional information. Your membership with WHLA helped make this savings possible - thank you!

Milwaukee City & County Tax Changes:

New Sales & Use Tax rates will be in effect as follows as of January 1, 2024:

• Milwaukee County sales and use tax rate increases from 0.5% to 0.9%   
• The City of Milwaukee imposed a new 2% sales and use tax 

For more information, see Fact Sheet 2414.

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