Business Incentive Programs
Washington State incentives can reduce the tax burden for locating or expanding a business. The following is a brief list of business tax incentives, exemptions and deferrals. For complete information visit the Department of Revenue’s tax incentives or call 1-800-647-7706.)
Business & Occupation (B&O) Tax Credit Incentives Statewide
- High Technology Business & Occupation Credit
- B&O Tax Credit for New Jobs
- B&O Tax Credit for Job Training Services
- B&O Tax Credit for New Jobs in Programming or Software Manufacturing
- Information Technology Services B&O Tax Credit
- Non-Manufacturer Aerospace B&O Tax Credit
- Reduced B&O Rate for FAR Part 145 Repair Stations
- B&O Tax Credit for Workforce Training
Sales & Use Tax Exemptions & Deferrals Statewide
- Manufacturing Machinery Sales/Use Tax Exemptions
- Rural County Sales & Use Tax Deferral
- High-Technology Sales & Use Tax Deferral
- Electricity Generating Equipment Sales & Use Tax Exemption
- Non-Manufacturer Aerospace Sales & Use Tax Exemption
- Biotechnology & Medical Device Manufacturing Sales Use Tax Deferral/Waiver
Other Tax Incentives Statewide
- Warehouse Tax Incentive
- Custom Computer Software Property Tax Exemption
- Biofuel Tax Deduction & Exemption
- Food Processing Tax Incentives
- Timber & Wood Products Industry Incentive
- Extension of Tax Incentives for Aluminum Smelters
- Motion Picture Competitiveness Program Tax Credit
- Distressed Area Sales/Use Tax Deferral Program
Federal Tax Incentives
- Welfare to Work Wage Credit
- Work Opportunity Tax Credit