![]() ![]() The amount of the discount may be deducted from the gross proceeds of sales if such amount was previously reported. ![]() ( SB 5008, Chapter 226, Laws of 2021) Cash and Trade Discounts The amounts may be received as credits against contracts or refunds. WAC 458-20-196 Special Notice – Bad Debt Deduction – Limited BPA Credits used for Low-income Assistance or WeatherizationĪmounts received from the Bonneville Power Association (BPA) for low-income ratepayer assistance and weatherization programs. The bad debt credit or deduction is limited to the original retail seller. These amounts must also be written off for IRS purposes. WAC 458-20-249 Bad DebtsĪmounts previously reported and determined to be noncollectable. Apportionment guide WAC 458-20-19401 Artistic/Cultural ActivitiesĪctivities conducted by qualifying artistic or cultural organizations are not subject to B&O tax. Income subject to the service and other activities classification, the royalties classification, and other apportionable income B&O classifications must apportion income between states and/or countries. Behavioral health administrative service organizations may deduct amounts received from the state of Washington for distribution to a health or social welfare organization who qualify for the above deduction (bullet 1).Īpportionment (Interstate & Foreign Sales).Health or social welfare organizations may deduct amounts received for providing mental health services or substance use disorder treatment services under a government-funded program.This B&O tax deduction applies to health and welfare organizations ( RCW 82.04.431) and to behavioral health administrative services organizations ( RCW 71.24.025). WAC 458-20-179 Amounts Received for Distribution to Eligible Behavioral Health Programs Amounts which meet only one of these conditions are not deductible. ![]() To qualify for this deduction, the income must be derived from the distribution of water and be used for capital improvements. WAC 458-20-179 Amounts Received by Nonprofit Water Associations for Capital Projects Sellers of public utility commodities (gas, water, and electrical power) may also take a deduction under the Other line for sales for resale. ![]() This deduction is available to prime contractors of public utility services. WAC 458-20-17901 Amounts Paid to Another for Services Jointly ProvidedĪmounts paid to a subcontractor of a public utility service that is jointly provided. WAC 458-20-179 Amounts Expended to Improve Consumers' Efficiency of EnergyĪmounts expended to improve consumers' efficiency of energy use, or to otherwise reduce the use of electrical energy or gas by consumers, provided the installations of the measures to improve the efficiency were begun after Jand before January 1, 1990. WAC 458-20-111 WAC 458-20-108 Amounts Derived from Distribution of Water through Irrigation SystemsĪmounts derived from the distribution of water through an irrigation system, solely for irrigation purposes. The taxpayer making the payment cannot have primary or secondary liability, other than as agent, to pay for the goods and services. Advancements/Reimbursements, Returns and AllowancesĪmounts received as advancement or reimbursement when the customer or client alone is liable to pay for the procurement of goods and services. ![]()
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