Full text of Washington Revised Code of Washington § 82.63.020 — Application — Annual tax performance report — Reports., with citation guidance and answers to common questions.
§ 82.63.020. Application — Annual tax performance report — Reports.
(1) Application for deferral of taxes under this chapter must be made before initiation of construction of, or acquisition of equipment or machinery for the investment project. In the case of an investment project involving multiple qualified buildings, applications must be made for, and before the initiation of construction of, each qualified building. The application must be made to the department in a form and manner prescribed by the department. The application must contain information regarding the location of the investment project, the applicant's average employment in the state for the prior year, estimated or actual new employment related to the project, estimated or actual wages of employees related to the project, estimated or actual costs, time schedules for completion and operation, and other information required by the department. The department must rule on the application within sixty days.
(2) Each recipient of a deferral of taxes under this chapter must file a complete annual tax performance report with the department under RCW
82.32.534. If the economic benefits of the deferral are passed to a lessee as provided in RCW
82.63.010(7), the lessee must file a complete annual tax performance report, and the applicant is not required to file the annual tax performance report.
(3) A recipient who must repay deferred taxes under RCW
82.63.045 because the department has found that an investment project is used for purposes other than research and development performed within this state in the fields of advanced computing, advanced materials, biotechnology, electronic device technology, and environmental technology is no longer required to file annual tax performance reports under RCW
82.32.534 beginning on the date an investment project is used for nonqualifying purposes.
Notes
Effective date—2017 c 135: See note following RCW
82.32.534.
Application—Finding—Intent—2010 c 114: See notes following RCW
82.32.534.
Policy—Application—2009 c 268: See notes following RCW
82.63.090.
Frequently Asked Questions About Washington § 82.63.020
What does Revised Code of Washington § 82.63.020 cover?
Section 82.63.020 ("Application — Annual tax performance report — Reports.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Washington § 82.63.020?
A common citation format is "Revised Code of Washington § 82.63.020" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Washington law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.
How does Washington § 82.63.020 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Washington.
