82.32.755 - Sourcing compliance -- Taxpayer relief -- Interest and penalties -- Streamlined sales and use tax agreement. - Washington Statutes

Sourcing compliance — Taxpayer relief — Interest and penalties — Streamlined sales and use tax agreement.

(1) Notwithstanding any other provision in this chapter, no interest or penalties may be imposed on any taxpayer because of errors in collecting or remitting the correct amount of local sales tax arising out of changes in local sales and use tax sourcing rules implemented under RCW 82.14.490 and the chapter 6, Laws of 2007 amendments to RCW 82.14.020 if the taxpayer establishes that:

     (a) Immediately before July 1, 2008, the taxpayer was registered with the department and engaged in making sales of tangible personal property that the taxpayer delivered to locations away from its place of business; and

     (b) During the calendar year for which the error was made the taxpayer:

     (i) Has gross income of the business less than five hundred thousand dollars;

     (ii) Has at least five percent of its gross income from sales subject to sales tax derived from sales of tangible personal property delivered to physical locations away from its place of business; and

     (iii) Has at least one percent of its gross income from sales subject to sales tax derived from deliveries of tangible personal property to destinations in local jurisdictions imposing sales tax other than the one to which the taxpayer reported the most local sales tax.

     (2) The relief from penalty and interest provided by subsection (1) of this section does not apply with respect to transactions occurring more than four years after the close of the calendar year in which *RCW 82.14.490 becomes effective.

[2007 c 6 § 1601.]

Notes: *Reviser's note: RCW 82.14.490 takes effect July 1, 2008.

Part headings not law -- Savings -- Effective date -- Severability -- 2007 c 6: See notes following RCW 82.32.020.

Findings -- Intent -- 2007 c 6: See note following RCW 82.14.495.