1. (1)

   1. (a) Upon permanent closure of the business, a licensed or permitted retailer may sell their entire inventory of alcohol beverages that are in original, sealed containers, but only in one transaction to any other licensed or permitted retailer as provided under sub. (2).
   2. (b) Subject to par. (c), upon the permanent closure of the business, a producer approved to make full-service retail sales may sell their entire inventory of alcohol beverages as described under par. (a), but a producer may not purchase the liquidated inventory from another producer, or licensed or permitted retailer.
   3. (c) Paragraph (b) applies only with respect to the alcohol beverages not manufactured or rectified by the liquidating producer.

2. (2) Prior to the transfer, an inventory transfer form shall be completed. The form shall be made available on the division’s website for use in a transfer under this section. The inventory transfer form shall list the complete quantities, brands, container sizes, and the type of alcohol beverages to be transferred. The form shall be signed by both the buyer and the seller. The seller shall retain one copy, and another copy shall be retained by the buyer on the licensed or permitted premises. The provisions described under s. Tax 7.08 (8) as they apply to invoices, apply to an inventory transfer form.

   Note: The inventory transfer form is available on the division’s website at https://www.revenue.wi.gov/Pages/Form/alcohol-Home.aspx.

History

History: EmR2419: emerg. cr., eff. 12-14-24; CR 25-050: cr. Register December 2025 No. 840, eff. 1-1-26.