Last Updated February 17, 2023
Program Overview
Category:
Financial Incentive
State:
Washington
Incentive Type:
Industry Recruitment/Support
Administrator:
Washington State Department of Revenue
Start Date:
10/01/2009
Expiration Date:
January 1, 2029
Applicable Sectors:
N/A
Eligible Renewable/Other Technologies:
N/A
Summary
Note: The B&O tax credit for forest-derived biomass expires January 1, 2029.
If you manufacture wood biomass fuel, report the income under Manufacturing of Wood Biomass Fuel B&O tax classification. The tax rate is 0.138 percent. Wood biomass fuel means a liquid or gaseous fuel produced from lignocellulosic feedstocks, including wood, forest, field residue, and dedicated energy crops. The term does not include wood treated with chemical preservatives.