Federal instrumentalities furnishing aid and relief

From the 2024 DOR Tax Exemption Study

82.04.380 - Federal instrumentalities furnishing aid and relief Description A B&O tax exemption exists for corporations created by Congress that provide both: - Volunteer aid to the armed forces. - A system of national and international disaster relief. Purpose Supports the social benefits provided by federal instrumentalities furnishing aid and relief. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes CTI CTI CTI CTI Local Taxes $0.000 $0.000 $0.000 $0.000 Repeal of Repealing this exemption would not increase revenues. Constitutional case law exemption makes federal instrumentalities immune from state and local taxes. Potential ($ in millions): revenue gains FY 2024 FY 2025 FY 2026 FY 2027 from full repeal State Taxes $0.000 CTI CTI CTI Local Taxes $0.000 $0.000 $0.000 $0.000 Assumptions This exemption impacts fewer than three taxpayers; any impacts are confidential. Data Sources Department of Revenue, Excise tax data Additional Additional Information Information Category: Nonprofit Year Enacted: 1935 Primary Beneficiaries: Federal instrumentalities furnishing aid and relief Taxpayer Count: Fewer than three Program Inconsistency: None evident JLARC Revi