After August 27, 2013, the Department intends to adopt a revised Excise Tax Advisory 3113 titled, "Computing Leasehold Excise Tax at Public Marinas." This ETA discusses the credit allowed where the leasehold excise tax (LET) amount paid by a private tenant exceeds the property tax that would have been due if the property were privately owned. The ETA also provides public marinas with an acceptable formula to compute the amount of the LET the marinas as lessors are required to collect from lessees. This ETA will be revised to indicate that the ETA is effective through July 28, 2013, and thereafter that the ETA is superseded by Section 3 of Senate Substitute Bill 5444, Chapter 235, Laws of 2013.
View draft ETA 3113
If you have questions or comments, please send them to Marilou Rickert at MarilouR@dor.wa.gov