Business Development
Susan St Germain
(206) 256-6114

Community Empowerment Zone
Kathy Carlson
(360) 725-4187

 
Incentives for Business
INCOME
$42,356
PATENTS
1.71
Per 1,000 workers
EDUCATION
31%
College Degree or Higher
UNEMPLOYMENT
8.3%
March 2012
TOT. EXPORTS
$53.2B
 

Washington state's tax incentives are designed to incent businesses to grow and expand in the state and promote the creation and preservation of family-wage jobs, especially in areas with high unemployment.

Our exemptions and deferrals help new and expanding businesses become successful by reducing the tax burden for all businesses that in the state. 

Incentives vary by industry and region of the state. The Washington State Department of Revenue has a complete listing and overview of all incentives available. 

 
 
 
Community Empowerment Zone Program (CEZ)

The Washington State Community Empowerment Zone Program is a competitive program intended to spur neighborhood revitalization and reinvestment. To receive state CEZ designation, the six eligible jurisdictions identified targeted neighborhoods,undertook a planning and public involvement process, and adopted a five-year plan to guide resource investments.

The CEZ designation enables qualified businesses to apply to the Washington State  Department of Revenue for sales tax deferrals and business and occupation tax credits for a variety of projects. The statutory authority for the CEZ program is found in Chapter 43.31C of the Revised Code of Washington (RCW).

Existing state CEZs are located in: