Wash. Rev. Code § 82.04.4294

Current through Chapter 376 of the 2024 Regular Session
Section 82.04.4294 - Deductions-Interest on loans to farmers and ranchers, producers or harvesters of aquatic products, or their cooperatives

In computing tax there may be deducted from the measure of tax amounts derived as interest on loans to bona fide farmers and ranchers, producers or harvesters of aquatic products, or their cooperatives by a lending institution which is owned exclusively by its borrowers or members and which is engaged solely in the business of making loans and providing finance-related services to bona fide farmers and ranchers, producers or harvesters of aquatic products, their cooperatives, rural residents for housing, or persons engaged in furnishing farm-related or aquatic-related services to these individuals or entities.

RCW 82.04.4294

1980 c 37 § 14. Formerly RCW 82.04.430(13).

Intent-1980 c 37: See note following RCW 82.04.4281.