WSR 10-14-033

INTERPRETIVE STATEMENT

DEPARTMENT OF REVENUE


[ Filed June 28, 2010, 11:36 a.m. ]


INTERPRETIVE STATEMENT ISSUED


ETA 3111 - B&O Tax Exemption for Property Managers (RCW 82.04.394)--On-Site Personnel Working at Multiple Properties



RCW 82.04.394 provides a B&O tax exemption for amounts received by a property management company from the owner of a property for gross wages and benefits paid to on-site personnel.

ETA 3111 explains how this B&O tax exemption provided to property management companies applies when on-site personnel work at multiple properties.

The department has updated this ETA to recognize provisions of 2ESSB 6143 Part XII (chapter 23, Laws of 2010 1st sp. sess.). This legislation amended RCW 82.04.394 to restrict the exemption to those amounts received by:


A "nonprofit property management company" from the owner of a property, or
A property management company from a "housing authority."

A copy of this document is available via the internet at Recent Rule and Interpretive Statements, Adoptions, and Repeals.

Alan R. Lynn

Rules Coordinator

Washington State Code Reviser's Office