SB 5071-S.E - DIGEST

(DIGEST AS ENACTED)

Provides that, upon every person engaging within this state in the business of making sales at retail that are exempt from the tax imposed under chapter 82.08 RCW by reason of RCW 82.08.0261, 82.08.0262, or 82.08.0263, that is classified by the federal aviation administration as a FAR part 145 certificated repair station with airframe and instrument ratings and limited ratings for nondestructive testing, radio, Class 3 Accessory, and specialized services, as to such persons, the amount of tax with respect to such business shall be equal to the gross proceeds of sales of the business, multiplied by the rate of .275 percent.

Requires a person reporting tax under RCW 82.04.250(3) to file a report to the department of revenue in the month following each calendar quarter containing the following information: (1) Number of production workers;

(2) Average wage of production workers;

(3) Total wages for production workers;

(4) Total sales as measured by taxable receipts for activities reported under RCW 82.04.250(3); and

(5) Total wages for production workers as a percent of total sales reported under RCW 82.04.250(3).

Declares that a recipient who fails to submit a complete report under this act is ineligible on a prospective basis for the rate provided in RCW 82.04.250(3).

Expires July 1, 2006.

Takes effect August 1, 2003.