(1) In computing the tax imposed under this chapter, a credit is allowed for participants in the Washington customized employment training program created in RCW 28B.67.020
. The credit allowed under this section is equal to fifty percent of the value of a participant's payments to the employment training finance account created in RCW 28B.67.030
. If a participant in the program does not meet the requirements of RCW 28B.67.020
(2)(b)(ii), the participant must remit to the department the value of any credits taken plus interest. The credit earned by a participant in one calendar year may be carried over to be credited against taxes incurred in a subsequent calendar year. No credit may be allowed for repayment of training allowances received from the Washington customized employment training program on or after July 1, 2021.
(2) A person claiming the credit provided in this section must file a complete annual survey with the department under RCW 82.32.585
Application—Finding—Intent—2010 c 114:
See notes following RCW 82.32.585