Washington · statute · Wash. Rev. Code ch. 82.60 · 12 active provisions
The legislature finds that there are several areas in the state that are characterized by very high levels of unemployment and poverty. The legislature further finds that economic stagnation is the primary cause of this high unemployment rate and poverty; that new state policies are necessary in order to promote econom…
Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter.(1) "Applicant" means a person applying for a tax deferral under this chapter.(2) "Department" means the department of revenue.(3) "Eligible area" means:(a) Through June 30, 2010, a rural county as defined in RC…
The lessor or owner of a qualified building is not eligible for a deferral unless:(1) The underlying ownership of the buildings, 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 deferral to the lessee;(b) The lessee that re…
(1) For the purposes of this section:(a) "Eligible area" also means a designated community empowerment zone approved under RCW 43.31C.020.(b) "Eligible investment project" also means an investment project in an eligible area as defined in this section.(2) Until July 1, 2020, the department shall issue a sales and use t…
(1) In the event the eligible investment project ceases to meet the requirements of this chapter, the recipient must begin paying the deferred taxes in the third year after the date certified by the department as the date on which the investment project has been operationally completed. The first payment is due on Dece…
(1) Subject to the conditions in this section, a person is not liable for the amount of deferred taxes outstanding for an investment project when the person temporarily ceases to use its qualified buildings and qualified machinery and equipment for manufacturing or research and development activities in a county with a…
Except as provided in RCW 82.60.070:(1) Taxes deferred under this chapter on the sale or use of labor that is directly used in the construction of an investment project for which a deferral has been granted under this chapter after June 11, 1986, and prior to July 1, 1994, need not be repaid.(2) Taxes deferred under th…
(1)(a) 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. If the economic benefits of the deferral are passed to a lessee as provided in RCW 82.60.025, the lessee must file a complete annual tax performance report,…
The employment security department shall make, and certify to the department of revenue, all determinations of employment and wages as requested by the department under this chapter.
Chapter 82.32 RCW applies to the administration of this chapter.
Applications, reports, and any other information received by the department under this chapter, except applications not approved by the department, are not confidential and are subject to disclosure.
The department, with the assistance of the employment security department, must establish a list of qualifying counties effective July 1, 2010. The list of qualifying counties is effective for a twenty-four month period and must be updated by July 1st of the year that is two calendar years after the list was establishe…