Washington State Tax Credits Expired, January 2015
- Sales Tax News
- Jan 7, 2015 | Gail Cole
Two Washington State high technology tax credits expired on January 1, 2015. These programs were open only to businesses conducting qualified research and development and/or pilot scale manufacturing in the following fields: advanced computing, advanced materials, biotechnology, electronic device technology, and environmental technology.
Expired tax credits:
- The High Technology B&O Tax Credit for qualified research and development (R&D) expenditures.
- The High Technology Sales and Use Tax Deferral on construction of eligible facilities and purchases of qualified machinery and equipment.
Additional information is available in a Washington State Department of Revenue.
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