Wash. Rev. Code § 82.08.0209

Current through 2024

Section 82.08.0209 - Exemptions-Qualifying grant

(1) The tax levied by RCW 82.08.020 does not apply to a grantee's receipt of a qualifying grant that is exempt from business and occupation tax under RCW 82.04.767.

(2) Nothing in this section may be construed to:

(a) Imply that the tax levied by RCW 82.08.020 applies to any circumstance not described in subsection (1) of this section; or

(b) Provide an exemption from the tax levied by RCW 82.08.020 for the grantee's use of a qualifying grant to acquire products in a transaction meeting the definition of "retail sale" in RCW 82.04.050.

(3) For purposes of this section, the following definitions apply:

(a) "Grantee" means the recipient of a qualifying grant.

(b) "Product" means the same as in RCW 82.32.023.

(c) "Qualifying grant" means the same as in RCW 82.04.767.

RCW 82.08.0209

Added by 2021 c 4,§ 4, eff. 2/19/2021, applicable both prospectively and retroactively to February 29, 2020.

Retroactive application-Automatic expiration date and tax preference performance statement exemption-Effective date- 2021 c 4 : See notes following RCW 82.04.767.