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WAC 388-835-0445

Are rental expenses paid to related organizations allowable costs?

The expense of renting facilities or equipment from a related organization are allowable to the extent that the rent paid does not exceed the related organization's costs of owning (e.g., depreciation, interest on a mortgage) or leasing the assets. Computing the related organization's cost of owning or leasing the asset must be according to the requirements of this chapter.
[Statutory Authority: RCW 71A.20.140. WSR 01-10-013, ยง 388-835-0445, filed 4/20/01, effective 5/21/01.]
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