WI SB865

Creates an income and franchise tax credit equal to the Milwaukee County sales tax (0.4%) and City of Milwaukee sales tax (2%) paid on taxable services purchased through amusement devices

Defines "amusement device" as any single or multiplayer device, machine, or game played for amusement

Applies to taxable years beginning after December 31, 2024

Unused credit balances may be carried forward for up to 20 taxable years

Partnerships, tax-option corporations, and limited liability companies cannot directly claim the credit but must pass it through to partners, shareholders, or members in proportion to their ownership interest