Revised Code of Washington - RCW Title 82 Excise Taxes - Section 82.12.070 Cash receipts taxpayers -- Bad debts

§ 82.12.070. Cash receipts taxpayers -- Bad debts

The department of revenue, by general regulation, shall provide that a taxpayer whose regular books of account are kept on a cash receipts basis may file returns based upon his cash receipts for each reporting period and pay the tax herein provided upon such basis in lieu of reporting and paying the tax on all sales made during such period. A taxpayer filing returns on a cash receipts basis is not required to pay such tax on debt subject to credit or refund under RCW 82.12.037.

[2004 c 153 § 305; 1982 1st ex.s. c 35 § 38; 1975 1st ex.s. c 278 § 55; 1961 c 15 § 82.12.070. Prior: 1959 ex.s. c 3 § 14; 1959 c 197 § 9; prior: 1941 c 178 § 11, part; Rem. Supp. 1941 § 8370-34a, part.]

Notes:
     Bad debts -- Intent -- 2004 c 153: See note following RCW 82.08.037.

     Retroactive effective date -- Effective date -- 2004 c 153: See note following RCW 82.08.0293.

     Severability -- Effective dates -- 1982 1st ex.s. c 35: See notes following RCW 82.08.020.

     Construction -- Severability -- 1975 1st ex.s. c 278: See notes following RCW 11.08.160.

Sections:  Previous  82.12.035  82.12.036  82.12.037  82.12.038  82.12.040  82.12.045  82.12.060  82.12.070  82.12.080  82.12.145  82.12.195  82.12.700  82.12.705  82.12.800  82.12.801  Next

Last modified: April 7, 2009