INCENTIVE DESCRIPTION

State: WA
Incentive Type: Income/Franchise Tax Incentives and Credits
Incentive Title: Other Tax Credits
Description: 1. MAIN STREET TAX CREDIT INCENTIVE PROGRAM: A tax credit against the Business and Occupation tax credit or the Public Utility Tax for contributions made to an economic revitalization group or to the Department of Community, Trade and Economic Development's Main Street Trust Fund. Must receive approval from the Department prior to making the contribution. 2. INFORMATION HELP DESK TECHNOLOGY SERVICES BUSINESS & OCCUPATION TAX CREDIT: A B&O tax credit available to businesses operating call desks for third parties needing assistance with the operation of computer hardware and software. Up to 100% credit for these services.
Eligibility Requirements: 1.The contributing business may receive up to a 75% credit for a contribution made to an eligible economic revitaliaation program or 50% credit for a contribution made to the CTED's Main Street Trust Fund. Maximum credit allowed is $250,000. 2. Nonrefundable tax credit which may not be carried forward. Must keep records for eligibility.
Geographic Restrictions: Statewide
Granting Authority: Dept. 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.