Trademarked carbonated beverage syrup

From the 2024 DOR Tax Exemption Study

82.64.030(3) - Trademarked carbonated beverage syrup Description Wholesale sales of carbonated beverage syrup are exempt from syrup tax if the syrup sales are to a bottler appointed by the owner of the syrup trademark to manufacture, distribute, and sell the syrup. Purpose Avoids double taxation since the carbonated beverage syrup is taxed when originally sold by the manufacturer to the bottler. 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 $0.000 Repeal of Repealing this credit would not increase revenues as the tax shifts to the next exemption purchaser. Potential ($ 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 Tax shifts to the next purchaser; therefore, no revenue impact. Data Sources None Additional Additional Information Information Category: Tax base Year Enacted: 1991 Primary Beneficiaries: Bottlers of trademarked beverages Taxpayer Count: 0 Program Inconsistency: None evident JLARC Review: Expedited review completed in 2012 and 2022 2024 Tax Exemption Study Pa