INCENTIVE DESCRIPTION

State: WA
Incentive Type: Income/Franchise Tax Incentives and Credits
Incentive Title: Jobs Credits
Description: 1. INTERNATIONAL SERVICES BUSINESS & OCCUPATION TAX CREDIT A B&O tax credit for businesses that create new jobs dedicated to providing certain services to international customers. The credit is $3000 per year for each eligible job created. 2. THE RURAL AREA BUSINESS AND OCCUPATION TAX CREDIT PROGRAM FOR NEW EMPLOYEES The program provides a tax credit based upon annual wages. A $2,000 credit for each new job with annual wages and benefits of $40,000 or less; or a credit of $4,000 for each new job with wages and benefits over $40,000 annually. 3. BUSINESS & OCCUPATION TAX CREDIT FOR NEW JOBS IN PROGRAMMING OR SOFTWARE MANUFACTURING: B&O tax credit for software manufacturing or programming businesses.
Eligibility Requirements: 1. Businesses must be located in Community Empowerment Zones or designated areas of cities. 2. Manufacturing, R&D, or computer-related service businesses are eligible for the tax credit that locates or expands in a designated distressed area. Must have approval before taking the credit. Business must either add 15% more to its workforce or create a new workforce. 3. Business must be located in a rural area. $1,000 credit for each new job created.
Geographic Restrictions: Empowerment Zones and other areas meeting criteria
Granting Authority: Department of Revenue


The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information
Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.