Wisconsin Wisconsin Credit Union Declaration of Exempt Status

Wisconsin Credit Union Declaration of Exempt Status
2023 IC-081 Form CU Wisconsin Credit Union Declaration of Exempt Status
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Form

CU

Wisconsin Department
of Revenue

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Wisconsin
Credit Union Declaration of Exempt Status

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2023

	Name of Credit Union

	Number and Street

	State

Ste Number 	City

Federal Employer I.D. Number

Zip Code (+ 4 digit suffix if known) For Income Year

Wis. Employer I.D. (Withholding) Number

Year of Incorporation

Seller’s Permit or Use Tax Number

Form CU Instructions
Purpose of Form CU

When to File

Credit unions which are exempt from the Wisconsin
franchise or income tax under the provisions of Ch.
71, Wis. Stats., should file Form CU instead of filing
a Wisconsin corporation franchise or income tax
return, Form 4 or 6. Thereafter, the credit union
need not file a corporation tax return (Form 4 or
6) or Form CU for any subsequent year unless
requested to do so by the Department of Revenue
or unless in a subsequent year the credit union
acts as a public depository. Use Schedule CU-1 to
report public deposits.

Form CU must be filed on or before April 15 of the
year following the income year for which the return
is filed.

Where to File
Mail Form CU to the Wisconsin Department of
Revenue, PO Box 8908, Madison, WI 53708-8908.

Note: Credit unions that do not derive income from
public deposits are exempt from the Wisconsin tax
on unrelated business taxable income, as computed
under section 512 of the Internal Revenue Code.
Applicable Laws and Rules
This document provides statements or interpretations
of the following provisions of Wisconsin Statutes in
effect as of August 23, 2023: chs. 71, Wis. Stats. and
chs. Tax 1, 2 and 3 Wis. Adm. Code.

I, the undersigned authorized officer of the credit union for which this declaration of exempt status is made, declare that the above
named credit union had no deposits of public funds during the income year shown above and I understand that a Wisconsin franchise
or income tax return must be filed for any future year for which the credit union’s deposits include public funds.
Signature

IC-081 (R. 8-23)

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