Quinault Nation timber harvest excise tax agreement

From the 2024 DOR Tax Exemption Study

84.33.0776 - Quinault Nation timber harvest excise tax agreement Description The timber excise tax on timber harvested on fee lands within the boundaries of the Quinault reservation may be exempt from state and county timber tax. The Governor may enter into an agreement with the Quinault Nation. The agreement must provide that the tribal tax will be credited against the state and county taxes. Purpose To allow the Quinault Nation to benefit from the timber excise tax. 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 $0.000 Repeal of Repealing this exemption would not increase revenues. The Governor and the exemption Quinault Nation have not entered into a timber harvest excise tax agreement. Potential ($ 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 has not been utilized. We expect no usage during the forecasted period of this study. Data Sources Department of Revenue, Timber excise tax data Additional Additional Information Information Category: Government