Washington HB1320 modifies business and occupation tax rates to fund programs and services for Washingtonians.

Washington HB1320 modifies various business and occupation tax rates across different industries to fund programs and services for Washingtonians. It adjusts rates for businesses involved in manufacturing, processing, and sales of products like timber, wood products, semiconductor materials, solar energy systems, and alternative jet fuel. The bill also modifies rates for services such as child care, real estate brokerage, and international trade activities. Additionally, it introduces new tax rates for activities like cleaning up radioactive waste and performing aerospace product development.

Washington HB1320 modifies business and occupation tax rates to fund programs and services for Washingtonians.

Washington HB1320 modifies various business and occupation tax rates across different industries to fund programs and services for Washingtonians. It adjusts rates for businesses involved in manufacturing, processing, and sales of products like timber, wood products, semiconductor materials, solar energy systems, and alternative jet fuel. The bill also modifies rates for services such as child care, real estate brokerage, and international trade activities. Additionally, it introduces new tax rates for activities like cleaning up radioactive waste and performing aerospace product development.