Wisconsin § 77.27 - Penalty for falsifying value.
Full text of Wisconsin Wisconsin Statutes § 77.27 — Penalty for falsifying value., with citation guidance and answers to common questions.
§ 77.27. Penalty for falsifying value.
Any person who intentionally falsifies value on a return required to be filed under this subchapter may for each such offense be fined not more than $1,000 or imprisoned in the county jail not more than one year, or both. 77.27 Annotation This section is violated when a value is intentionally falsified on a Wisconsin real estate transfer return. Falsely declaring a transfer as a sale when it is in fact a gift does not constitute a violation, nor will it support the issuance of a false swearing complaint under s. 946.32, but it may constitute a gift tax avoidance in violation of former s. 72.86 (6), 1989 stats. 62 Atty. Gen. 251.
Frequently Asked Questions About Wisconsin § 77.27
What does Wisconsin Statutes § 77.27 cover?
Section 77.27 ("Penalty for falsifying value.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 77.27?
A common citation format is "Wisconsin Statutes § 77.27" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 77.27 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.