Wisconsin § 223.057 Taxation of common trust funds.

Wisconsin Statutes

§ 223.057 — Taxation of common trust funds.

Wisconsin § 223.057

Ch. 223Trust company banks and other fiduciaries

Subch.subch. I of ch. 223 SUBCHAPTER I

TRUST COMPANY BANKS

This text of Wisconsin § 223.057 (Taxation of common trust funds.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 223.057 (2026).

Text

223.057  No common trust fund established under s. 223.055 or 223.056 shall be subject to taxation as a corporation, association, partnership, limited liability company or individual, but it shall be a fiduciary within subch. II of ch. 71 . All income of such trust and all capital gains and losses shall be income received or loss realized to the fiduciary account holding a participation in such common trust fund in accordance with its participation.

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223.057 No common trust fund established under s. 223.055 or 223.056 shall be subject to taxation as a corporation, association, partnership, limited liability company or individual, but it shall be a fiduciary within subch. II of ch. 71 . All income of such trust and all capital gains and losses shall be income received or loss realized to the fiduciary account holding a participation in such common trust fund in accordance with its participation.