Carbonated beverage syrup purchased before 6/1/91

From the 2024 DOR Tax Exemption Study

82.64.030(4) - Carbonated beverage syrup purchased before 6/1/91 Description Carbonated beverage syrup taxed at first possession prior to June 1, 1991, is exempt from syrup tax. Purpose The imposition of the carbonated beverage tax changed in 1991. Instead of taxation at first possession of the product, the tax applies to the wholesale transaction. This exemption avoids double taxation of the same product in 1991. 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 $0.000 Repeal of Repealing this credit would not increase revenues. This exemption no longer exemption applies. Potential ($ 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repeal State Taxes $0.000 $0.000 $0.000 $0.000 Local Taxes $0.000 $0.000 $0.000 $0.000 Assumptions This exemption is no longer applicable due to the shelf-life of syrup. Data Sources None Additional Additional Information Information Category: Tax Base Year Enacted: 1989 Primary Beneficiaries: None Taxpayer Count: 0 Program Inconsistency: None evident JLARC Review: Expedited review completed in 2012 and 2022 2024 Tax Exemption Study Page 1071