RCW 82.04.4489
Credit—Motion picture competitiveness program.
(1) Subject to the limitations in this section, a credit is allowed against the tax imposed under this chapter for contributions made by a person to a Washington motion picture competitiveness program.
(2) The person must make the contribution before claiming a credit authorized under this section. Credits earned under this section may be claimed against taxes due for the calendar year in which the contribution is made. The amount of credit claimed for a reporting period may not exceed the tax otherwise due under this chapter for that reporting period. No person may claim more than $1,000,000 of credit in any calendar year, including credit carried over from a previous calendar year. No refunds may be granted for any unused credits.
(3) The maximum credit that may be earned for each calendar year under this section for a person is limited to the lesser of $1,000,000 or an amount equal to one hundred percent of the contributions made by the person to a program during the calendar year.
(4) Except as provided under subsection (5) of this section, a tax credit claimed under this section may not be carried over to another year.
(5) Any amount of tax credit otherwise allowable under this section not claimed by the person in any calendar year may be carried over and claimed against the person's tax liability for the next succeeding calendar year. Any credit remaining unused in the next succeeding calendar year may be carried forward and claimed against the person's tax liability for the second succeeding calendar year; and any credit not used in that second succeeding calendar year may be carried over and claimed against the person's tax liability for the third succeeding calendar year, but may not be carried over for any calendar year thereafter.
(6) Credits are available on a first-in-time basis. The department must disallow any credits, or portion thereof, that would cause the total amount of credits claimed under this section during any calendar year to exceed $15,000,000. If this limitation is reached, the department must notify all Washington motion picture competitiveness programs that the annual statewide limit has been met. In addition, the department must provide written notice to any person who has claimed tax credits in excess of the limitation in this subsection. The notice must indicate the amount of tax due and provide that the tax be paid within thirty days from the date of the notice. The department may not assess penalties and interest as provided in chapter 82.32 RCW on the amount due in the initial notice if the amount due is paid by the due date specified in the notice, or any extension thereof.
(7) To claim a credit under this section, a person must electronically file with the department all returns, forms, and any other information required by the department, in an electronic format as provided or approved by the department. Any return, form, or information required to be filed in an electronic format under this section is not filed until received by the department in an electronic format. As used in this subsection, "returns" has the same meaning as "return" in RCW 82.32.050.
(8) No application is necessary for the tax credit. The person must keep records necessary for the department to verify eligibility under this section.
(9) A Washington motion picture competitiveness program must provide to the department, upon request, such information needed to verify eligibility for credit under this section, including information regarding contributions received by the program.
(10) The department may not allow any credit under this section before July 1, 2006.
(11) For the purposes of this section, "Washington motion picture competitiveness program" or "program" means an organization established pursuant to chapter 43.365 RCW.
(12) Persons claiming a credit against the tax imposed under this chapter for contributions made to a Washington motion picture competitiveness program and not otherwise receiving funding assistance under RCW 43.365.020 are exempt from the annual reporting requirements in RCW 82.32.534 and 43.365.040.
(13) No credit may be earned for contributions made on or after July 1, 2030.
[ 2022 c 270 § 5; 2017 3rd sp.s. c 37 § 1102; 2012 c 189 § 4; 2008 c 85 § 3; 2006 c 247 § 5.]
Structure Revised Code of Washington
Chapter 82.04 - Business and Occupation Tax.
82.04.020 - "Tax year," "taxable year."
82.04.030 - "Person," "company."
82.04.035 - "Plantation Christmas trees."
82.04.050 - "Sale at retail," "retail sale."
82.04.051 - "Services rendered in respect to"—Taxation of hybrid or subsequent agreements.
82.04.060 - "Sale at wholesale," "wholesale sale."
82.04.065 - Telephone, telecommunications, and ancillary services—Definitions.
82.04.066 - "Engaging within this state," "engaging within the state."
82.04.067 - Substantial nexus—Engaging in business.
82.04.070 - "Gross proceeds of sales."
82.04.080 - "Gross income of the business."
82.04.090 - "Value proceeding or accruing."
82.04.130 - "Commercial or industrial use."
82.04.150 - "Engaging in business."
82.04.192 - Digital products definitions.
82.04.200 - "In this state," "within this state."
82.04.212 - "Retail store or outlet."
82.04.213 - "Agricultural product," "farmer," "cannabis."
82.04.216 - Exclusion of steam, electricity, or electrical energy from definition of certain terms.
82.04.217 - "Direct service industrial customer," "aluminum smelter."
82.04.220 - Business and occupation tax imposed.
82.04.230 - Tax upon extractors.
82.04.240 - Tax on manufacturers.
82.04.2403 - Manufacturer tax not applicable to cleaning fish.
82.04.2404 - Manufacturers—Processors for hire—Semiconductor materials.
82.04.255 - Tax on real estate brokers.
82.04.257 - Tax on digital products and services.
82.04.258 - Digital products—Apportionable income.
82.04.2602 - Tax on commercial airplane activities—Conditions for rate reduction.
82.04.261 - Surcharge on timber and wood product manufacturers, extractors, and wholesalers.
82.04.270 - Tax on wholesalers.
82.04.272 - Tax on warehousing and reselling prescription drugs.
82.04.285 - Tax on contests of chance.
82.04.286 - Tax on horse races.
82.04.290 - Tax on service and other activities.
82.04.29002 - Additional tax on certain business and service activities.
82.04.29004 - Additional tax on financial institutions.
82.04.29005 - Tax on loan interest—2012 2nd sp.s. c 6.
82.04.2905 - Tax on providing day care.
82.04.2906 - Tax on certain chemical dependency services.
82.04.2907 - Tax on royalties.
82.04.2908 - Tax on provision of room and domiciliary care to assisted living facility residents.
82.04.2909 - Tax on aluminum smelters.
82.04.293 - International investment management services—Definitions.
82.04.294 - Tax on manufacturers or wholesalers of solar energy systems.
82.04.297 - Internet access—Definitions.
82.04.298 - Tax on qualified grocery distribution cooperatives.
82.04.299 - Workforce education investment surcharge.
82.04.301 - Exemptions—Certain hospitals.
82.04.310 - Exemptions—Public utilities—Electrical energy—Natural or manufactured gas.
82.04.311 - Exemptions—Tobacco settlement authority.
82.04.315 - Exemptions—International banking facilities.
82.04.317 - Exemptions—Motor vehicle sales by manufacturers at wholesale auctions to dealers.
82.04.320 - Exemptions—Insurance business.
82.04.321 - Exemptions—Qualified health plan patients.
82.04.323 - Exemption—Washington health benefit exchange.
82.04.324 - Exemptions—Qualifying blood, tissue, or blood and tissue banks.
82.04.326 - Exemptions—Qualified organ procurement organizations.
82.04.327 - Exemptions—Adult family homes.
82.04.330 - Exemptions—Sales of agricultural products.
82.04.333 - Exemptions—Small harvesters.
82.04.334 - Exemptions—Standing timber.
82.04.335 - Exemptions—Agricultural fairs.
82.04.338 - Exemptions—Hop commodity commission or hop commodity board business.
82.04.339 - Exemptions—Day care provided by churches.
82.04.3395 - Exemptions—Child care resource and referral services by nonprofit organizations.
82.04.340 - Exemptions—Boxing, sparring, or wrestling matches.
82.04.350 - Exemptions—Racing.
82.04.355 - Exemptions—Ride sharing.
82.04.360 - Exemptions—Employees—Independent contractors—Booth renters.
82.04.363 - Exemptions—Camp or conference center—Items sold or furnished by nonprofit organization.
82.04.3651 - Exemptions—Amounts received by nonprofit organizations for fund-raising activities.
82.04.368 - Exemptions—Nonprofit organizations—Credit and debt services.
82.04.370 - Exemptions—Certain fraternal and beneficiary organizations.
82.04.380 - Exemptions—Certain corporations furnishing aid and relief.
82.04.385 - Exemptions—Operation of sheltered workshops.
82.04.390 - Exemptions—Amounts derived from sale of real estate.
82.04.392 - Exemptions—Mortgage brokers' third-party provider services trust accounts.
82.04.399 - Exemptions—Sales of academic transcripts.
82.04.405 - Exemptions—Credit unions.
82.04.408 - Exemptions—Housing finance commission.
82.04.410 - Exemptions—Hatching eggs and poultry.
82.04.416 - Exemptions—Operation of state route No. 16.
82.04.419 - Exemptions—County, city, town, school district, or fire district activity.
82.04.4201 - Exemptions—Sales/leasebacks by regional transit authorities.
82.04.421 - Exemptions—Out-of-state membership sales in discount programs.
82.04.422 - Exemptions—Wholesale sales of motor vehicles.
82.04.425 - Exemptions—Accommodation sales.
82.04.4251 - Exemptions—Convention and tourism promotion.
82.04.426 - Exemptions—Semiconductor microchips.
82.04.4261 - Exemptions—Federal small business innovation research program.
82.04.4262 - Exemptions—Federal small business technology transfer program.
82.04.4263 - Exemptions—Income received by the life sciences discovery fund authority.
82.04.4264 - Exemptions—Nonprofit assisted living facilities—Room and domiciliary care.
82.04.4265 - Exemptions—Comprehensive cancer centers.
82.04.4266 - Exemptions—Fruit and vegetable businesses.
82.04.4267 - Exemptions—Operation of parking/business improvement areas.
82.04.4268 - Exemptions—Dairy product businesses.
82.04.4269 - Exemptions—Seafood product businesses.
82.04.427 - Exemptions and credits—Pollution control facilities.
82.04.4271 - Deductions—Membership fees and certain service fees by nonprofit youth organization.
82.04.4272 - Deductions—Direct mail delivery charges.
82.04.4274 - Deductions—Nonprofit management companies—Personnel performing on-site functions.
82.04.4275 - Deductions—Child welfare services.
82.04.4281 - Deductions—Investments, dividends, interest on loans.
82.04.4282 - Deductions—Fees, dues, charges.
82.04.4283 - Deductions—Cash discount taken by purchaser.
82.04.4284 - Deductions—Bad debts.
82.04.4285 - Deductions—Motor vehicle fuel and special fuel taxes.
82.04.4286 - Deductions—Nontaxable business.
82.04.4290 - Deductions—Mental health services or substance use disorder treatment services.
82.04.4292 - Deductions—Interest on investments or loans secured by mortgages or deeds of trust.
82.04.4295 - Deductions—Manufacturing activities completed outside the United States.
82.04.4296 - Deductions—Reimbursement for accommodation expenditures by funeral homes.
82.04.432 - Deductions—Municipal sewer service fees or charges.
82.04.4327 - Deductions—Artistic and cultural organizations.
82.04.4328 - "Artistic or cultural organization" defined.
82.04.4331 - Deductions—Insurance claims for state health care coverage.
82.04.4332 - Deductions—Tuition fees of foreign degree-granting institutions.
82.04.4337 - Deductions—Certain amounts received by assisted living facilities.
82.04.4339 - Deductions—Salmon recovery grants.
82.04.43391 - Deductions—Commercial aircraft loan interest and fees.
82.04.43392 - Deductions—Qualified dispute resolution centers.
82.04.43393 - Deductions—Paymaster services.
82.04.43395 - Deductions—Accountable community of health.
82.04.43396 - Deductions—Scan-down allowances.
82.04.434 - Credit—Public safety standards and testing.
82.04.440 - Credit—Persons taxable on multiple activities.
82.04.4451 - Credit against tax due—Maximum credit—Table.
82.04.4461 - Credit—Preproduction development expenditures.
82.04.448 - Credit—Manufacturing semiconductor materials.
82.04.4481 - Credit—Property taxes paid by aluminum smelter.
82.04.4482 - Credit—Sales of electricity or gas to an aluminum smelter.
82.04.4486 - Credit—Syrup taxes paid by buyer.
82.04.4489 - Credit—Motion picture competitiveness program.
82.04.449 - Credit—Washington customized employment training program—Report to the legislature.
82.04.4496 - Credit—Clean alternative fuel commercial vehicles.
82.04.4497 - Credit—Sale or exchange of long-term capital assets.
82.04.4498 - Credit—Businesses that hire veterans.
82.04.4499 - Credit—Equitable access to credit program.
82.04.450 - Value of products, how determined.
82.04.460 - Apportionable income—Taxable in Washington and another state.
82.04.462 - Apportionable income.
82.04.470 - Wholesale sale—Reseller permit—Exemption certificates—Burden of proof—Tax liability.
82.04.480 - Sales in own name—Sales as agent.
82.04.500 - Tax part of operating overhead.
82.04.510 - General administrative provisions invoked.
82.04.520 - Administrative provisions for motor vehicle sales by courtesy dealers.
82.04.530 - Telecommunications service providers—Calculation of gross proceeds.
82.04.535 - Gross proceeds of sales calculation for mobile telecommunications service provider.
82.04.540 - Professional employer organizations—Taxable under RCW 82.04.290(2)—Deduction.
82.04.545 - Exemptions—Sales of electricity or gas to silicon smelters.
82.04.601 - Exemptions—Affixing stamp services for cigarette sales.
82.04.610 - Exemptions—Import or export commerce.
82.04.615 - Exemptions—Certain limited purpose public corporations, commissions, and authorities.
82.04.620 - Exemptions—Certain prescription drugs.
82.04.627 - Exemptions—Commercial airplane parts.
82.04.628 - Exemptions—Commercial fertilizer, agricultural crop protection products, and seed.
82.04.635 - Exemptions—Nonprofits providing legal services to low-income persons.
82.04.640 - Exemptions—Washington vaccine association—Certain assessments received.
82.04.645 - Exemptions—Financial institutions—Amounts received from certain affiliated persons.
82.04.650 - Exemptions—Investment conduits and securitization entities.
82.04.655 - Exemptions—Joint municipal utility services authorities.
82.04.660 - Exemptions—Environmental handling charges—Mercury-containing lights.
82.04.750 - Exemptions—Restaurant employee meals.
82.04.756 - Exemptions—Cannabis cooperatives.
82.04.758 - Exceptions—Services for farms.
82.04.760 - Tax preferences—Expiration dates.
82.04.767 - Exemptions—Qualifying grants—National emergency or state of emergency.
82.04.770 - Deduction of amounts derived from charge collected pursuant to chapter 70A.530 RCW.
82.04.775 - Application of chapter—Amounts received under chapter 70A.535 RCW.