Tax Break Tracker Individual Entry
Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State:
Washington
Reporting Jurisdiction:
Washington
Jurisdiction type
:
State
:
Fiscal year ending In:
2020
Program name:
Aerospace Reduced B&O Tax Rate
Program purpose:
Technology (aerospace)
:
Statutory authority:
Revised Code of Washington (RCW) 82.04.260(11), 82.04.290(3), 82.04.250(3)
:
Abating jurisdiction(s):
State of Washington
:
Applicable taxes:
Business and Occupation Tax
Method of abatement:
Reduction in tax rate
:
Provisions for recapture:
(not specified)
:
Gross revenue loss:
$65,509,000
:
Reimbursement / offset:
$0
:
Net revenue loss:
$65,509,000
:
Type of loss:
Active
:
Additional notes on dislosure:
(none)
