Exported petroleum products

From the 2024 DOR Tax Exemption Study

Det. No. 03-0224E, 24 WTD 36 (February 23, 2005) 47 storage tanks. Rule 260(6).5 A law provides a credit for petroleum products received at a marine terminal and subsequently exported or sold for export. RCW 82.23B.040. [1] In order for a purchaser of previously taxed product to take the credit, Rule 260(7)(a) requires the purchaser, including a person taking the products in exchange, to have an invoice showing that the purchaser paid the tax to the seller: An export credit may be taken by any person exporting or selling for export any previously taxed product who has paid the tax on such product to a marine terminal operator or the Department. An export credit may also be taken by any person who has purchased previously taxed product and who subsequently exports the product or sells the product for export, provided that such person has been invoiced for and has paid the tax to its seller. Any such invoice must state the amount of the tax passed on to the purchaser and identify the product to which the tax amount relates by type and quantity. (Emphasis added.) A person claiming the export credit must also document the fact that the product was placed into the export process. Id. He