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61 chapters · 1,445 sections in this title.
RCW 82.85.030 Deferral eligibility—Lessor or owner of qualified building.
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The lessor or owner of a qualified building is not eligible for a deferral unless: (1) The underlying ownership of the building, machinery, and equipment vests exclusively in the same person; or (2)(a) The lessor by written contract agrees to pass the economic benefit of the defe…
RCW 82.85.050 Deferral certificate—Issued by the department.
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(1) Except as otherwise provided in subsection (2) of this section, the department must issue a sales and use tax deferral certificate for state and local sales and use taxes due under chapters 82.08, 82.12, 82.14, and 81.104 RCW on each eligible investment project. (2) No certif…
RCW 82.85.060 Repayment—Deferred taxes.
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(1) The recipient must begin paying the deferred taxes in the fifth year after the date certified by the department as the date on which the investment project has been operationally completed. The first payment of ten percent of the deferred taxes will be due on December 31st of…
RCW 82.85.070 Invest in Washington account—Created—Funded.
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(1) State taxes deferred and repaid under this chapter, including any interest or penalties on such amounts, must be deposited in the invest in Washington account created in this section. The invest in Washington account is hereby created in the state treasury [and] must be used …
