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  • New tax changes take effect July 1

    Department of Revenue|Jul 2, 2015

    Several tax changes take effect July 1 now that Washington’s new state operating budget has been enacted. Tax preferences expiring July 1, 2015 · The sales and use tax exemptions for machinery and equipment used directly for the retail sale of a biodiesel blend and E85 motor fuel and fuel delivery vehicles used to distribute such fuels. · The business and occupation (B&O) tax exemption for credits against power contracts with, or amounts received from, the Bonneville Power Administration. · The B&O deduction for the retail sale or dist...