INCENTIVE DESCRIPTION

State:	WA
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	Property Tax Credits
Description:	BUSINESS AND OCCUPATION TAX CREDIT FOR TAXES PAID ON PROPERTY USED IN MANUFACTURING COMMERCIAL AIRPLANES AND COMPONENT PARTS OF COMMERCIAL AIRPLANES: A B&O tax credit is available for property taxes paid on qualifying property used in manufacturing commercial airplanes or component parts of commercial airplanes..
Eligibility Requirements:	All buildings (new, renovated or expanded), along with all machinery and equipment, must be used in manufacturing commercial airplanes or component parts. The machinery and equipment must be exempt from sales and use taxes. All property taxes must first be paid before credit may be taken.
Geographic Restrictions:	Statewide
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.