Form Lp-003 - Light, Heat And Power Company'S Annual Report For License Fee Purposes - 2013 Page 4
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4Instructions for Completing the License Fee Report
for Light, Heat and Power Companies
All “light, heat and power companies” as defined in sec. 76.28(1)
of the payroll factor and except that compensation related to the
(e), Wisc. Stats. "qualified wholesale electric companies" as defined
production of both operating and nonoperating revenue shall be
in sec. 76.28(1)(gm), Wis. Stats. and "transmission companies"
partially excluded from the numerator and denominator of the
defined in sec. 76.28(1)(j), Wis. Stats shall pay an annual license
payroll factor so as to exclude as near as possible the portion of
fee to be assessed May 1. This license fee is measured by the
compensation related to the production of nonoperating revenue.
gross revenues of the preceding calendar year regardless of when
Compensation is paid in this state if the individual’s service is
the books are closed for financial reporting purposes.
performed entirely within this state, or if the individual’s service
is performed both within and outside this state but the service
This report must be filed on or before March 1. A thirty day extension
performed outside this state is incidental to the individual’s service
may be granted provided a written or electronic request is submitted
within this state, or if some of the service is performed in this state
prior to the due date of the return at
and the base of operations or, if there is no base of operations, the
Failure to file this report by the due date or extended due date,
place from which the service is directed or controlled is in this state
will result in a late filing fee of $25.00 plus 5% of the total fees in
or the base of operations or the place from which the service is
accordance with secs. 76.28(6)(b) & (7), Wis. Stats.
directed or controlled is not in any part of the service is performed
and the individual’s residence is in this state.
Line 2, Columns A and B, of page 1 “All Other Revenues” shall be
classified as either gas or electric based upon their relationship
“Property factor” means a fraction the numerator of which is
to one or the other, (for example, wheeling revenues and pole
the average book cost of utility plant located in this state for the
rents are related to electric; forfeited discounts from gas sales
tax period and the denominator of which is the average book
are related to gas). If they cannot be readily attributed to gas (e.g.
cost of utility plant located everywhere for the tax period. The
steam revenues), other revenues shall be reported in Column A.
average book cost of utility plant shall be determined by averaging
the beginning and year end balances at original cost, including
Except for municipal light, heat and power companies, the actual cost
construction work in progress, but the secretary of revenue may
of purchased power as reported to the Public Service Commission
require the averaging of monthly book costs during the tax period
if that is reasonably required to reflect properly the average value
of Wisconsin (P.S.C.W.) may be deducted at line 3, page 1 if:
of the taxpayer’s property.
1. The wholesale rates were approved by federal or state regulatory
agencies; and
“Sales factor” means a fraction the numerator of which is the
taxpayer's total sales of electricity, gas, water, and steam in this
2. The power purchased for resale included in operating revenues
represents more than fifty percent of the power sold; and
state reported to the public service commission for the tax period
and the denominator of which is the taxpayer's total sales of
3. The power is not purchased from an affiliated interest as defined
electricity, gas, water, and steam everywhere as reported to the
in sec. 196.52(1), Wis. Stats.; and
public service commission for the tax period.
4. The revenue from that purchased power is included in the
seller's gross revenues reported to the P.S.C.W.
PAYMENT
On or about April 10 the Wisconsin Department of Revenue
For Class C and D utilities, the amounts shown on Line 1,
(DOR) will send a bill for the assessment. Payment in full of the
columns A and B of this form should equal operating revenues
assessment constitutes a license to carry on business for the
reported at Page F-1, Line 7, Column C of the P.S.C.W. Report.
12-month period commencing on January 1.
or
Except for municipal light, heat and power companies, 50% of the
SECTION C
actual cost of purchased power as reported to the P.S.C.W. may be
Report qualifying production plant, substation property and
deducted at line 3, page 1 if the utility purchases more than 90%
general structures on section C. This should include amounts
of its power and has less than $50,000,000 of gross revenues.
allocated to municipalities for leased and owned unit trains. Also
file a copy of form UT-142, "Net Book Value of Utility Property"
Transmission companies may exclude, on line 3, revenues from
for shared revenue purposes. Information requested on this form
service that is provided to a public utility that is subject to the license
is necessary in estimating next year's special utility tax payment
fee, to a public utility, as defined in sec. 196.01(5), Wis. Stats., or
for each municipality and county. This form must be submitted
to a cooperative association organized under Ch. 185, Wis. Stats.
by July 1. If any Form UT-142 property was retired last year, a
for the purpose of providing electricity to its members only.
separate schedule must report the percent of that property to the
total of the municipality’s Form UT-142 property. This percentage
Section B, Apportionment Factor, need only be completed by utilities
should be computed as of the date of the property’s retirement.
that have utility plant, payroll or sales located in another state. All
DOR shall reduce the municipality’s 1989 Base Year Value by
other utilities enter 100% on line 8 of Section A.
this percentage.
The statutory definitions of the apportionment factor have been
reprinted below for your convenience:
LEASED REAL PROPERTY SCHEDULE
If the jurisdictional status of these properties has been agreed
“Payroll factor” means a fraction the numerator of which is
the total amount paid in this state during the tax period by the
upon for the prior assessment year and has not changed (the
taxpayer for compensation and the denominator of which is the
local assessor agrees with the percent of operating use), only list
total compensation paid everywhere during the tax period, except
this property in Section E of this form. A Form UT-149, “Leased
that compensation solely related to the production of nonoperating
Real Property,” should be prepared for all other leased property
revenues shall be excluded from the numerator and denominator
in addition to listing this property in Section E.
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