A person who sells electricity, natural gas or manufactured gas to a silicon smelter in Washington State.
To qualify for the credit a person must sell electricity, natural gas, or manufactured gas to a silicon smelter. The credit is equal to the gross amount of sales to the aluminum smelter by the corresponding rate of Business and Occupation (B&O) Tax and/or Public Utility Tax (PUT). However, this is only when it’s specified in a contract that the price of the electricity or gas sold to the smelter will be reduced by an amount equal to the credit.
File a quarterly report that includes
- Volume of gas delivered.
- Consumer’s name.
- Other information.
No Annual Tax Performance Report required.
Electronic filing not required.