Penalty for falsifying value

77.27 Penalty for falsifying value. Any person who intenfor small molecule pharmaceutical development, or transform bitionally falsifies value on a return required to be filed under this ological systems into useful processes and products. subchapter may for each such offense be fined not more than (1d) “Biotechnology business” means a business, as certified $1,000 or imprisoned in the county jail not more than one year, or by the department in the manner prescribed by the department, both. that is primarily engaged in the application of biotechnologies This section is violated when a value is intentionally falsified on a Wisconsin real that use a living organism or parts of an organism to produce or 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 modify products to improve plants or animals, develop microcomplaint under s. 946.32, but it may constitute a gift tax avoidance in violation of organisms for specific uses, identify targets for small molecule former s. 72.86 (6), 1989 stats. 62 Atty. Gen. 251. pharmaceutical development, or transform biological systems