§ 82.36.044. Credit for worthless accounts receivable -- Report -- Adjustment
A motor vehicle fuel supplier is entitled to a credit of the tax paid over to the department on those sales of motor vehicle fuel for which the supplier has received no consideration from or on behalf of the purchaser. The amount of the tax credit shall not exceed the amount of tax imposed by this chapter on such sales. Such credit may be taken on a tax return subsequent to the tax return on which the tax was paid over to the department. If a credit has been granted under this section, any amounts collected for application against accounts on which such a credit is based shall be reported on a subsequent tax return filed after such collection, and the amount of credit received by the supplier based upon the collected amount shall be returned to the department. In the event the credit has not been paid, the amount of the credit requested by the supplier shall be adjusted by the department to reflect the decrease in the amount on which the claim is based.
[1998 c 176 § 15.]
Sections: Previous 82.36.027 82.36.028 82.36.029 82.36.031 82.36.032 82.36.035 82.36.040 82.36.044 82.36.045 82.36.047 82.36.050 82.36.060 82.36.070 82.36.075 82.36.080 NextLast modified: April 7, 2009