Insurance guarantee association assessments

From the 2024 DOR Tax Exemption Study

retail check services and (2) payroll check cashing services. The majority of Taxpayer’s services are the retail check services where Taxpayer makes recommendations to its clients (the “Clients”) whether to accept checks as a form of payment with the objective to reduce the Clients’ risk of business loss.2 The recommendations are based on data Taxpayer obtains from its Clients. The data that Taxpayer uses includes the customer’s driver license or state-issued identification 1 Identifying details regarding the taxpayer and the assessment have been redacted pursuant to RCW 82.32.410. 2 . . . (last visited August 10, 2017). Det. No. 18-0025, 42 WTD 001 (June 16, 2023) 2 numbers, recent purchases made by the customer, and Clients’ product information. For example, Taxpayer identifies similar purchases a customer has made from multiple retailers in the past few days, and alerts its Clients with a warning such as “unusual shopping pattern indicating potential fraud.”3 With respect to the payroll check cashing services, some of Taxpayer’s Clients provide payroll check cashing services to the check holders for a fee. Taxpayer uses a real-time authorization system, [Authorization System]