Ordinance 1387-87 - Laserfiche WebLink

. • 1 at wholesale or retail , manufacturing, or 2 extracting; 3 (b) the amount of the tax is measured by the gross 4 volume of business , in terms of gross receipts 5 or in other terms , and in the determination of 6 which the deductions allowed would not constitute 7 the tax on income tax or value added tax; 8 (c) the tax is also not , pursuant to law or custom, 9 separately stated from the sales price ; and 10 (d) the tax is not a sales or use tax, franchise fee , 11 royalty or severance tax measured by volume or 12 weight, or concession charge, or payment for the 13 use and enjoyment of property, property right or 14 a privilege . 15 Section 2 . Deduction from Multiple Activity Sales at 16 Wholesale or Retail for Interstate Manufacturin:/ 17 Extracting. 18 A person subject to tax under Subsection 3C (EMC 3 . 24. 030C) 19 (making sales at wholesale or retail) may deduct from the 20 gross proceeds of sales the amount of the value of products 21 extracted or manufactured outside the State of Washington 22 if and to the extent the products were subjected to an 23 eligible gross receipts tax (as defined in Section 4 24 herein) elsewhere on manufacturing or extracting activity. 25 The deduction for any transaction shall not exceed the 26 amount of the transaction reported as part of the gross 27 proceeds of sales under subsection C of Section 3 (EMC 28 3 . 24. 030C) . 29 30 Section 3 . Multiple Activity Exclusion extraction and/or 31 manufacturing for Everett-taxed selling and 32 deduction for other taxed activity. -3-