Form M-P - Wisconsin Manufacturing Personal Property Return - 2013 Page 4
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2013
Page
paper forms are not acceptable. We must have the
ANNUAL ASSESSMENT SEQUENCE FOR 2013
return with the original signature. We cannot accept
faxes or copies of the signature. Staple the return in
January 1 . . . . . . . . Assessment date. The assessment
the upper left corner.
is based on your personal property
as of that date. Please report
8. Electronically filed returns are recorded as filed as
accordingly.
soon as the file button is successfully clicked and are
considered timely as long as they are filed by the due
date. Do not send in a copy of the electronically filed
March 1 . . . . . . . . . . Last day to request an extension.
return. If you are filing a paper return, mail the original
See instructions on page 3.
return to the appropriate District Office with sufficient
time to ensure the receipt by the due date.
March 1 . . . . . . . . . . M-P form due if you have not
WHERE TO FILE YOUR RETURN
requested a filing extension.
Electronically filed returns are audited by the appropriate
District Office. If you file a paper return, mail your completed
April 1 . . . . . . . . . . . M-P form due if you have timely
original return to the Wisconsin Department of Revenue,
requested a filing extension.
Manufacturing & Utility Bureau Office, serving the area in
which the property is located. Faxed copies of the return
are not acceptable because an original signature is required
April, May, June . . . Mailing of assessment notices.
for paper returns. We cannot accept faxes or copies of
Please call if you have not received
the signature.
the notice by the end of June. Your
local municipal clerk also receives
FILING PENALTY
a copy of the notice. Penalty bills
(if applicable) are mailed at the
Section 70.995(12)(c), Wis. Stats., requires the Depart-
same time as the assessment
ment of Revenue to assess a filing penalty if this return
notices and penalty payments
is not filed, filed late or not filed completely. This return is
are due to the Department within
not considered properly or timely filed unless the return
30 days.
contains completed pages 7 and 8, all required schedules,
is filed on Department of Revenue forms, and received by
the due date.
Next 60 days . . . . . . Appeal period.
You and the
municipality each have the right to
EXEMPTION OF WASTE TREATMENT PROPERTY
appeal the assessment. Penalties
may also be apealed. Manufacturing
Section 70.11(21)(am), Wis. Stats., provides for the ex-
property appeals filed with the
emption of property purchased or constructed as a waste
state board of assessors must be
treatment facility. Costs associated with personal property
physically received by DOR on or
items that qualify for waste treatment exemption under
before the 60th day after the date
Section 70.11(21) must be reported on line 11, part 1 of
of the notice. Appeals will not be
Schedule Y-P on page 8. Do not report the personal property
accepted if physically received
costs on any of the other schedules. Retain a listing of the
after the 60‑day period, even
assets reported on this line at your place of business for
if postmarked on or before the
inspection by the Department.
60th day.
LEASING COMPANIES
Oct. & Nov. . . . . . . . The fair market assessment is
The list of locally assessed leasing companies is located
equated to the same level of
on page 6. Property leased from these companies should
assessment as all other property in
not be reported on Schedule L.
the municipality. Then an “equated”
assessment roll is sent to the
municipal clerk, who prepares the
tax bill.
Comments / Suggestions
We appreciate your comments and suggestions on
Dec., Jan., etc. . . . . The manufacturer pays the tax bill
forms. Please submit them with your return.
to the local municipal treasurer.
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