2010 House Bill 3176 (Increasing state revenues by preventing abusive tax avoidance transactions, narrowing or eliminating certain tax preferences, and providing equitable tax treatment)

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Introduced by Rep. Ross Hunter, (D-Medina) (D) on February 4, 2010, to increase state revenues by making changes to numerous provisions regarding taxes, exemptions and deductions. The bill repeals a number of sales and use tax exemptions and makes changes to utility and business and occupation taxes. The bill also raises additional revenues by clarifying the taxability of income received by directors of corporations, and clearly defines nexus for taxing purposes so that out of state corporations that earn a portion of their income in Washington State are also paying taxes. The bill establishes, a person or out of state company, who has substantial nexus within this state in any tax year will be deemed to have substantial nexus with this state for the following four tax years. The bill provides definitions, guidelines and increased penalties for abusive tax avoidance transactions. The bill requires the Department of Revenue to adopt a single factor sales apportionment to simply and provide consistency in reporting and paying taxes for royalty and service income, according to the established guidelines. The bill also places a cap on the first mortgage deductions allowed .
- Referred to the House Finance Committee on February 4, 2010.

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1) Re: 2010 House Bill 3176 (Increasing state revenues by preventing abusive tax avoidance transactions, narrowing or eliminating certain tax preferences, and providing equitable tax treatment) [by disenchanted wa native on February 10, 2010]

What these elected officials are doing is thumbing their collective nose at the voting public-- we who employ them! If I flipped off my employer, I'd expect to be fired. Remember the sponsors of this legislation and those who vote in favor of it, and FIRE the whole lot of them when you cast your next ballot!

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2) Re: 2010 House Bill 3176 (Increasing state revenues by preventing abusive tax avoidance transactions, narrowing or eliminating certain tax preferences, and providing equitable tax treatment) [by sdilley on February 9, 2010]

Desperate desperate, that is what they are. No money from their sugar daddy from the other Washington. Now they need to go to the surfs to see how loud we will squeal!! Enough of this crap! No work to keep the employees with a job. They make better money sitting on the couch watching tv. Thanks to who! We have to get thru to the voters that we have to stop the in breeding that we have allowed to happen in Olympia.

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3) Re: 2010 House Bill 3176 (Increasing state revenues by preventing abusive tax avoidance transactions, narrowing or eliminating certain tax preferences, and providing equitable tax treatment) [by Jim G on February 8, 2010]

But it's not a tax increase. riiiiggghht What are you doing with all that sales tax revenue that's allready one of the highest in the country? Get a real job and learn how the real economy works!

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