Small Business B&O Tax Credit: Reduces B&O tax for small businesses with gross receipts under a certain threshold.
R&D Tax Credit: Encourages innovation by providing credits for qualified research and development activities.
Renewable Energy Investment Credit: Offers incentives for businesses investing in renewable energy systems like solar or wind.
Manufacturing/High Tech B&O Tax Credit: Reduces B&O tax for manufacturers and high-tech businesses.
Film and Media Incentives: Provides tax credits and rebates for film, video, and interactive media production in Washington.
NOTE: Washington does not have an individual income tax, so many of these credits focus on sales tax, property tax, or B&O tax. The tax credits mentioned may not apply to all businesses.
Learn more here.