Knowledge Center

If you are wondering about the Washington corporate tax rate, the short answer is that there is none. Washington does not impose a corporate income tax, a personal income tax, or a franchise tax. Instead, the state raises revenue through a business and occupation (B&O) tax on gross receipts, a sales and use tax, and various industry-specific taxes administered by the Washington Department of Revenue.  That structure makes Washington attractive to many founders, but the B&O tax and an expanding ...