P. 1
DOR results

DOR results

|Views: 4|Likes:
Published by sunnews
Results of a Washington Department of Revenue inquiry into how some companies were processing remission of sales taxes to Kitsap County.
Results of a Washington Department of Revenue inquiry into how some companies were processing remission of sales taxes to Kitsap County.

More info:

Published by: sunnews on Jan 27, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as DOCX, PDF, TXT or read online from Scribd
See more
See less

01/27/2012

pdf

text

original

Finally, I received the results of the review the Department of Revenue conducted on our behalf regarding the drop

in retail sales of certain vendors related to the Destination Based Sales tax issue. We made inquires of fourteen vendors, but were really interested in two: Lowes, which reported a drop in county retail sales of $8.80 million, and Costsco, which reported drop in county retail sales of $8.30 million. DOR concluded Lowes posted sales to an incorrect location, although they did not say where. They also concluded although Costco return reported sales to both Kitsap County (code 1800) and Port Orchard (code 1802), they were all posted to Port Orchard. These postings have been corrected. DOR is still waiting for a response from General Electric Co, which reported a drop in retail sales of $474,949. DOR concluded the other eleven vendors were reporting properly. The great news is Destination Based Sales Tax is now having the effect we originally thought it might. Fourth Quarter 2008, Kitsap County reported a positive revenue impact of $121,763 and first quarter 2009 reported a positive impact of $245,988. The City of Port Orchard, on the other had received a mitigation payment of $24,103 for the first quarter of 2009. Dave Schureman

I

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->