A. The amount of credit losses and uncollectibles actually sustained by the taxpayer.

B. Amounts derived from transactions in interstate or foreign commerce or from any business which the city is prohibited from taxing under the Constitution of the United States or the state.

C. Any retail sales or use taxes collected by the taxpayer from consumers to be remitted to the Washington State Department of Revenue.

D. Income derived from the activities of selling tangible personal property or providing services of a type that can be sold or provided by persons not in the business of transmitting, distributing, or selling natural gas for which a separate charge is made; provided, that income derived from activity incidental to transmitting, distributing, or selling natural gas may not be deducted from gross income subject to the tax under this chapter. (Ord. 6870 § 1 (Exh. A), 2022; Ord. 6790 § 3 (Exh. C), 2020; Ord. 5673 § 3, 2002; 1957 code § 5.42.040. Formerly 5.88.050.)