Base income—State and local taxes.

In computing a taxpayer's Washington base income, the taxpayer must add to the taxpayer's federal adjusted gross income:(1) Taxes on or measured by net income which have been deducted under the internal revenue code in computing federal adjusted gross income;(2) The amount of taxes paid or accrued which have been deducted for federal purposes, but for which either a business and occupation tax credit or public utility tax credit, or both, is allowed.[ 2026 c 238 s 304.]Notes:Findings—Intent—Effect of invalidation of 2026 c 238 s 201—Automatic expiration date and tax preference performance statement exemption—Necessity of act—Intent—Implementation by department of revenue—2026 c 238: See notes following RCW 82A.04.030.