Imported and exported fuel

From the 2024 DOR Tax Exemption Study

82.42.030(1,2) - Imported and exported fuel Description Aircraft fuel sold for export and exported from Washington and fuel imported into Washington intended for use in foreign or interstate commerce are exempt from the aircraft fuel tax. Purpose To encourage the sale of aircraft fuel in Washington. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes $54.860 $53.210 $51.420 $49.810 Local Taxes $0.000 $0.000 $0.000 $0.000 Repeal of Repealing this exemption would increase revenues. exemption Potential ($ in millions): revenue gains FY 2024 FY 2025 FY 2026 FY 2027 from full repeal State Taxes $0.000 $48.780 $51.420 $49.810 Local Taxes $0.000 $0.000 $0.000 $0.000 Assumptions - This repeal takes effect July 1, 2024, and impacts 11 months of collections in fiscal year 2025. - Growth rate mirrors the aircraft fuel tax collections growth rate reflected in the Transportation Revenue Forecast Council's March 2023 forecast. Data Sources - Department of Licensing, Fuel tax data - Transportation Revenue Forecast Council, March 2023 forecast Additional Additional Information Information Category: Other Year Enacted: 1967 Primary Beneficiaries: Fuel importers and exporte