Tax Credit for Forest Derived Biomass

WA Industry Recruitment/Support commercial industrial

Administered by: Washington State Department of Revenue

Program Details

Program ID: 5550
Effective Date: 1/1/2009
Expiration Date: 1/1/2029
Last Updated: 2/17/2023

Eligibility

Eligible Sectors

commercial industrial

Eligible Technologies

biomass

Program Summary

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.

Contact & Resources

Additional Resources

https://dor.wa.gov/taxes-rates/tax-incentives/tax-incentive-programs#Energy

Please verify current program details with the administering agency before making any financial decisions.