WashingtonIndustry Recruitment/Support
Tax Credit for Forest Derived Biomass
You getCredit allowed may not exceed tax due for the same reporting period
Apply on official siteView on DSIRE
Quick facts
- Incentive type
- Industry Recruitment/Support
- Amount
- Credit allowed may not exceed tax due for the same reporting period
- Administrator
- Washington State Department of Revenue
- Applies to
- State
Dates
- Source last updated
- February 17, 2023
About this incentive
Note: The B&O tax credit for forest-derived biomass expires January 1, 2029. If you manufacture wood biomass fuel, report the income under Manufacturing of Wood Biomass Fuel B&O tax classification. The tax rate is 0.138 percent. Wood biomass fuel means a liquid or gaseous fuel produced from lignocellulosic feedstocks, including wood, forest, field residue, and dedicated energy crops. The term does not include wood treated with chemical preservatives.
Data updated . Always confirm details on the official program website before applying. Programs change frequently.