Financial institution affiliate income

From the 2024 DOR Tax Exemption Study

This subsection (2)(a)(ii)(C) must not be construed as modifying RCW 82.04.260 (10); or (iii) 2.1 percent. (b) This subsection (2) includes, among others, and without limiting the scope hereof (whether or not title to materials used in the performance of such business passes to another by accession, confusion or other than by outright sale), persons engaged in the business of rendering any type of service which does not constitute a "sale at retail" or a "sale at wholesale." The value of advertising, demonstration, and promotional supplies and materials furnished to an agent by his or her principal or supplier to be used for informational, educational, and promotional purposes is not considered a part of the agent's remuneration or commission and is not subject to taxation under this section. (c) 14.3 percent of the revenues collected under (a)(i) and (iii) of this subsection (2) must be deposited into the workforce education investment account created in RCW 43.79.195 . (d)(i) To aid in the effective administration of this subsection (2), the department may require a person claiming to be subject to the 1.75 percent tax rate under (a)(i) of this subsection (2) or the 1.5 percent t