82.04.4481 - Credit -- Property taxes paid by aluminum smelter (as amended by 2010 c 114). - Washington Statutes

Credit — Property taxes paid by aluminum smelter (as amended by 2010 c 114).

(1) In computing the tax imposed under this chapter, a credit is allowed for all property taxes paid during the calendar year on property owned by a direct service industrial customer and reasonably necessary for the purposes of an aluminum smelter.

     (2) A person ((taking)) claiming the credit under this section is subject to all the requirements of chapter 82.32 RCW. A credit earned during one calendar year may be carried over to be credited against taxes incurred in the subsequent calendar year, but may not be carried over a second year. Credits carried over must be applied to tax liability before new credits. No refunds may be granted for credits under this section.

     (3) Credits may not be claimed under this section for property taxes levied for collection in 2012 and thereafter.

     (4) A person claiming the credit provided in this section must file a complete annual report with the department under RCW 82.32.534.

[2010 c 114 § 118; 2006 c 182 § 2; 2004 c 24 § 8.]

Notes: Application -- Finding -- Intent -- 2010 c 114: See notes following RCW 82.32.585.

RCW 82.04.4481

Credit — Property taxes paid by aluminum smelter (as amended by 2010 1st sp.s. c 2).

(1) In computing the tax imposed under this chapter, a credit is allowed for all property taxes paid during the calendar year on property owned by a direct service industrial customer and reasonably necessary for the purposes of an aluminum smelter.

     (2) A person taking the credit under this section is subject to all the requirements of chapter 82.32 RCW. A credit earned during one calendar year may be carried over to be credited against taxes incurred in the subsequent calendar year, but may not be carried over a second year. Credits carried over must be applied to tax liability before new credits. No refunds may be granted for credits under this section.

     (3) Credits may not be claimed under this section for property taxes levied for collection in ((2012)) 2017 and thereafter.

[2010 1st sp.s. c 2 § 2; 2006 c 182 § 2; 2004 c 24 § 8.]

Notes: Reviser's note: RCW 82.04.4481 was amended twice during the 2010 legislative session, each without reference to the other. For rule of construction concerning sections amended more than once during the same legislative session, see RCW 1.12.025.

Intent -- Effective date -- 2004 c 24: See notes following RCW 82.04.2909.