WSR 13-20-065
INTERPRETIVE STATEMENT
[Filed September 27, 2013, 8:50 a.m.]
INTERPRETIVE STATEMENT ISSUED
The department of revenue has issued the following excise tax advisory (ETA):
ETA 3024.2013 - Public Works Contracts
This ETA 3024 explains retainage, when retail sales tax is due on the amount of the retainage and exclusions from contract retainage. This was initially issued October 3, 2011. In 2013, this ETA was updated to reflect a recent statutory change regarding an exclusion from contract retainage pursuant to SHB 1420, chapter 113, Laws of 2013.
A copy of this document is available via the internet at Recent Rule and Interpretive Statements, Adoptions, and Repeals.
Tim Jennrich
Tax Policy Specialist
