There are over 50 tax incentive programs available for businesses. These incentives are to encourage the creation and preservation of family-wage jobs, especially in areas with high unemployment.
Find out which deductions apply to your business.
Depending on your business activity, you may qualify for a tax credit.
Businesses engaged in manufacturing and other specified activities may be eligible to apply for a sales and use tax deferral.
Public disclosure reports that provide tax incentive information reported by businesses, as required by law.
The 2006 Legislature established the Citizen Commission for Performance Measurement of Tax Preferences (RCW 43.136). The seven-member Commission develops a ten-year schedule to review tax preferences. The Joint Legislative Audit and Review Committee (JLARC) staff conduct the tax preference reviews with findings reported to the Commission in August of each year. The Commission then reviews and comments on the JLARC report.
As a part of its process, the Commission holds periodic meetings to review the JLARC staff analysis and consider citizen and business input regarding tax preferences under review. JLARC staff will present the results of their analysis on Aug. 7. A meeting dedicated to public input and testimony on the 2024 tax preference reviews is on Sep. 17. The last Citizen Commission meeting for the year is scheduled on Oct. 22.
The 2024 report includes 5 reviews conducted by JLARC staff and 47 expedited reviews based on information supplied by DOR. Once available, the report can be found here.
If you wish to provide testimony, please review the Commission’s request that those providing testimony address specific questions in their testimony. The questions are available on the Commission’s website.