Wisconsin Enacts Exemption for Prepared Food

Effective September 23, 2017, Wisconsin has enacted an exemption for prepared food sold by a retailer, if the prepared food meets the following conditions:

• The prepared food is not candy, soft drinks, or dietary supplements;
• The retailer manufactures the prepared food in a building that is assessed for Wisconsin property tax purposes as manufacturing property, or in a building that would be assessed as such if the building was located in Wisconsin;
• The retailer makes no retail sales of prepared food at the building where the food is manufactured; and
• Any of the following applies: The retailer freezes the prepared food prior to its sale and sells it at retail in a frozen state, and the prepared food is not sold with eating utensils that are provided by the retailer, or the prepared food consists of more than 50 percent yogurt.

(Act 59 (A.B. 64), Laws 2017, effective September 23, 2017)