Washington State Department of Revenue Leasehold Tax Return: Port Of Seattle, Q2 2019

This Washington State Department of Revenue Leasehold Tax Return, filed by the Port of Seattle for the quarter ending June 30, 2019, reports a total tax due of $3,440,183.94. The largest portion—$2,308,576.93—stems from leases at Seattle-Tacoma International Airport (SeaTac), based on taxable rent of nearly $18 million at a rate of 12.84%. Additional leasehold taxes were assessed on Port properties in Seattle's waterfront, Des Moines, and Burien, with payment processed via ACH debit through Wells Fargo Bank on July 31, 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 June 30, 2019, due July 31, 2019. Total tax due $3,440,183.94, paid via ACH Debit from Wells Fargo Bank account ending 5331. Return detail covers four location codes: SeaTac (1733-SEATAC, Tax Code Area 2228, taxable rent $17,979,571.11, tax $2,308,576.93), Waterfront Seattle (1726-SEATTLE, Tax Code Area 0010, taxable rent $8,168,132.40, tax $1,048,788.20), Des Moines leases (1709-DES MOINES, Tax Code Area 1126, taxable rent $394,386.45, tax $50,639.22), and Burien (1734-BURIEN, Tax Code Area 0932, taxable rent $250,619.86, tax $32,179.59). Tax rate 0.1284 applied uniformly. Prepared by Bonnie McArthur, confirmation number 0-009-464-592.

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