Washington Adds International Companies in Definition of “”Person”” Eligible for Various Tax Incentives.

A new section is added to Ch. 43.330 RCW (Department of Community, Trade, and Economic Development) indicating that international companies investing in Washington meet the statutory definition of “person” for purposes of the excise tax incentives provided in Title 82 RCW (Excise Taxes). Some incentives include business and occupation tax exemptions, deductions, and credits, and sales and use tax deferrals (WA S 5175, April 22, 2005).

Posted on January 10, 2006