Wis. Admin. Code Department of Revenue Tax 10.01

Current through October 28, 2024
Section Tax 10.01 - Virtual currency
(1) A holder that is required to report and remit virtual currency to the department as provided under s. 177.0307, Stats., shall liquidate the virtual currency within 30 days prior to the November 1 due date of the report required under s. 177.0401, Stats.
(2) A holder that meets the requirement in sub. (1), and substantially complies with ss. 177.0501 and 177.0502, Stats., is considered to have delivered the virtual currency in good faith and is relieved of liability arising after payment and delivery of the virtual currency to the administrator.

Wis. Admin. Code Department of Revenue Tax 10.01

Repealed 2013 W is. Act 320, Register May 2014, No. 701, eff. 6-1-14
Amended by, CR 23-028: cr. Register February 2024 No. 818, eff. 3/1/2024