US Lawyer Database

82.92.100 – Tax deferral certificates.

RCW 82.92.100 Tax deferral certificates. (Expires July 1, 2032.) (1) After receiving the conditional certificate of program approval issued by the city and provided to the department by the applicant, 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, and […]

82.92.120 – Transfer of project ownership.

RCW 82.92.120 Transfer of project ownership. (1) Transfer of investment project ownership does not terminate the deferral. The deferral is transferred subject to the successor meeting the eligibility requirements of this chapter. (2) The transferor of an eligible project must notify the city and the department of such transfer. The city must certify to the […]

82.94.005 – Findings—Intent.

RCW 82.94.005 Findings—Intent. (1) The legislature finds that there are counties in the state that face additional economic development challenges beyond the challenges faced by counties located in the central Puget Sound region. The legislature further finds that these regions do not experience the same degree of job growth and investment. The legislature further finds […]

82.94.010 – Definitions.

RCW 82.94.010 Definitions. 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 qualifying county. (4)(a) “Eligible investment project” means an investment project that is […]

82.94.020 – Applications.

RCW 82.94.020 Applications. (Expires July 1, 2032.) (1) Application for deferral of taxes under this chapter must be made before initiation of the construction of the investment project or acquisition of equipment or machinery. The application must be made to the department in a form and manner prescribed by the department. The application must contain […]

82.94.030 – Tax deferral certificates.

RCW 82.94.030 Tax deferral certificates. (Expires July 1, 2032.) (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, and 82.14 RCW on each eligible investment project. (2) The department must keep a running total of all deferrals granted under […]

82.94.040 – Requirements for recipients—Meaningful construction.

RCW 82.94.040 Requirements for recipients—Meaningful construction. (1) The recipient of a deferral certificate under RCW 82.94.030 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 funding is not considered a circumstance beyond the recipient’s […]