Washington State Department of Revenue Leasehold Tax Return: Port Of Seattle, Q1 2019

The Port of Seattle filed a quarterly Leasehold Tax Return with the Washington State Department of Revenue for the period ending March 31, 2019, reporting a total tax due of $4,021,409.82. The filing covers leased properties across multiple locations, including SeaTac Airport (the largest contributor at over $2 million in tax), Seattle Waterfront, Des Moines, and Burien, all taxed at a rate of 12.84%. Payment of the full amount was submitted via ACH debit from a Wells Fargo account on April 30, 2019.

Notes

Washington State Department of Revenue Leasehold Tax Return filed by Port Of Seattle (Account ID 600-200-147) for the quarterly filing period ending March 31, 2019, due April 30, 2019, received April 18, 2019. Total tax due $4,021,409.82, paid via ACH Debit from Wells Fargo Bank NA (account ending 5331). Return detail covers four lease areas: SeaTac (location code 1733, tax code area 2228, taxable rent $16,275,450.94, tax $2,089,767.90), Waterfront Seattle (location code 1726, tax code area 0010, taxable rent $14,401,337.68, tax $1,849,131.76), Des Moines leases (location code 1709, tax code area 1126, taxable rent $394,386.45, tax $50,639.22), Burien (location code 1734, tax code area 0932, taxable rent $250,619.86, tax $32,179.59), and a write-off for uncollectible amounts (-$2,403.82, -$308.65). Tax rate 0.1284 applied uniformly. Confirmation number 0-007-920-848. Prepared by Bonnie McArthur, (206) 787-3412, mcarthur.b@portseattle.org.

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