A competitive tax rate.

Through tax incentives, deferrals, credits and offsets targeted to specific high growth industries, Washington State offers highly successful businesses a competitive advantage few states can offer.

The Tax Foundation has ranked Washington State #6 nationwide as the Best Business Tax Climate and MoneyRates.com ranked Washington as the Best Place to Make a Living, based on income taxes, cost of living, unemployment rates and workplace environment.

The state’s overall taxation is relatively low compared to other states:

Washington National Average
Unemployment Insurance .17 – 5.84% 0 – 15.09%
Worker’s Comp Index Rate 2.11% 1.01 – 3.01%
Corporate Income Tax 0 15 – 35%
Sales Tax 6.5% 0 – 7.5%
Average Property Tax (as % of income) 2.91%

 

For more information on investment opportunities in Washington State, contact a member of our Business Development team.

            About Washington

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