Tax Credit for Forest Derived Biomass

February 17, 2023

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.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Washington
Incentive Type: Industry Recruitment/Support
Web Site: https://dor.wa.gov/taxes-rates/tax-incentives/tax-incentive-programs#Energy
Administrator: Washington State Department of Revenue
Start Date: 10/01/2009
Eligible Renewable/Other Technologies:
  • Biomass
Maximum Incentive: Credit allowed may not exceed tax due for the same reporting period

Authorities

Name: RCW 82.04.260
Date Enacted: 2009
Effective Date: 10/01/2009
Expiration Date: 06/30/2015

Contact

Name: Service Questions
Organization: Washington State Department of Revenue
Address:
WA
Phone: (180) 064-7770

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.