Taxes paid in other states

From the 2024 DOR Tax Exemption Study

82.23A.040(2) - Taxes paid in other states Description Taxpayers may claim a credit against the petroleum products tax for any similar tax paid upon the same product in other states. To qualify for the credit, such tax (1) must be imposed upon the wholesale value of the petroleum products and not constitute an income or value-added tax, and (2) must be a tax specifically directed at petroleum products rather than a general tax. This credit expires on July 1, 2030. Purpose To ensure tax is applied only once to the same product. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes $0.000 $0.000 $0.000 $0.000 Local Taxes $0.000 $0.000 $0.000 $0.000 Repeal of Repealing this credit would not increase revenues because currently no taxpayers exemption use it. Potential ($ in millions): revenue gains FY 2024 FY 2025 FY 2026 FY 2027 from full repeal State Taxes $0.000 $0.000 $0.000 $0.000 Local Taxes $0.000 $0.000 $0.000 $0.000 Assumptions - No taxpayers currently use this credit. We expect no usage during the forecasted period of this study. - Other western states that likely export petroleum products to Washington do not have taxes imposed on the wholesale value o