WSR 97-14-001

INTERPRETIVE STATEMENT

DEPARTMENT OF REVENUE

[Filed June 18, 1997, 3:55 p.m.]

adoption of interpretive statement


Excise Tax Bulletin 566--Low-density light and power utility deduction


This announcement of the revision and readoption of this advisory interpretive statement is being published in the Washington State Register pursuant to the requirements of RCW 34.05.230(4).

The Department of Revenue has revised Excise Tax Bulletin 566 (Low-density light and power utility deduction). This bulletin explains the public utility tax deduction provided by RCW 82.16.053 to qualifying power and light businesses.

RCW 82.16.053 requires that the department determine the state average electric power rate each year and inform taxpayers of this rate. This rate is used by the power and light business to compute the amount of the deduction. This revision has been made to provide this rate information.

Requests for copies of this bulletin may be directed to Roseanna Hodson, Legislation and Policy, P.O. Box 47467, Olympia, WA 98504-7467, phone (360) 586-4281, FAX (360) 664-0693.

Claire Hesselholt

Policy Counsel

Legislature Code Reviser

Register

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