Title 82 — Title 82 EXCISE TAXES
62 chapters · 1,436 sections in this title.
RCW 82.89.010 Definitions.
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The definitions in this section apply throughout this chapter unless the context clearly requires otherwise.(1) "Applicant" means a person applying for a tax deferral under this chapter.(2) "Eligible investment project" means an investment project of at least $2,000,000 in either…
RCW 82.89.020 Conditions for lessors.
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The lessor or owner of a qualified building is not eligible for a deferral under this chapter 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 be…
RCW 82.89.030 Applications.
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(1) Applications for deferral of taxes under this chapter must be made before initiation of the construction of the eligible investment project or acquisition of equipment or machinery. The application must be made to the department in a form and manner prescribed by the departme…
RCW 82.89.040 Tax deferral certificates.
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(1) 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. The certificate may only be used to make purchases of materials and equipment…
RCW 82.89.050 Requirements for recipients—Meaningful construction.
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(1) The recipient of a deferral certificate under RCW 82.89.040 must begin meaningful construction on an eligible investment project within two years of receiving a deferral certificate unless construction was delayed due to circumstances beyond the recipient's control. Lack of f…
RCW 82.89.060 Repayment schedule—Interest, penalties, and insolvency—Transfer of ownership.
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(1) The recipient must begin paying the deferred taxes in the second year after the date certified by the department as the date on which the eligible investment project has been operationally completed. The first payment of 10 percent of the deferred taxes is due on December 31s…
RCW 82.89.070 Reduction of taxes.
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(1) The recipient of the deferral under this chapter must receive a reduction of the amount of state sales and use tax to be repaid under RCW 82.89.060 only as follows:(a) Fifty percent of the state sales and use tax deferred, if the department of labor and industries certifies t…
RCW 82.89.080 Conditions on recipients—Annual tax performance report—Immediate repayment.
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(1) Each recipient of a deferral of taxes granted under this chapter must file a complete annual tax performance report with the department under RCW 82.32.534. Reports must be filed for the first calendar year after the eligible investment project is operationally complete and c…
RCW 82.89.900 Applicability of general administrative provisions.
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To the extent not inconsistent with the provisions of this chapter, chapter 82.32 RCW applies to the administration of this chapter.[ 2022 c 185 s 9.]Notes:Tax preference performance automatic expiration exception—Tax preference performance statement—2022 c 185: See notes followi…
RCW 82.89.901 Effective date—2022 c 185.
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This act takes effect July 1, 2022.[ 2022 c 185 s 13.]