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Wisconsin

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TexasTowelie

(117,907 posts)
Thu Dec 20, 2018, 05:34 AM Dec 2018

Wisconsin taxpayers could pay Foxconn for work done outside of Wisconsin, audit says [View all]

Taxpayers could pay Taiwanese tech giant Foxconn for work done outside of Wisconsin unless changes are made to how the state's jobs agency issues tax credits, a state audit shows.

The Legislature's Audit Bureau is recommending the Wisconsin Economic Development Corp. make changes to its procedures to avoid awarding tax credits to Foxconn Technology Group for work that isn't being done in the state.

The bureau's audit released Wednesday shows the agency's procedures don't comply with the state's contract with Foxconn and state law.

"WEDC indicated that it intends to award Foxconn program tax credits for the wages of employees who are directed from and paid" from the Wisconsin operation, although not necessarily located here, the audit said.

Read more: https://www.jsonline.com/story/news/politics/2018/12/19/audit-warns-state-could-pay-foxconn-work-done-outside-wisconsin/2367901002/

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