Washington HB1558 imposes a 0.484% tax on gross income for radio and television broadcasters.

Washington HB1558 introduces a tax on radio and television broadcasters within the state. The tax rate is set at 0.484% of the gross income of the business. This bill specifically targets entities engaged in radio and television broadcasting, excluding revenues from network, national, and regional advertising. The tax applies to businesses delivering audio, video, and written information through licensed stations, including delivery by wire, satellite, or other means.

Washington HB1558 imposes a 0.484% tax on gross income for radio and television broadcasters.

Washington HB1558 introduces a tax on radio and television broadcasters within the state. The tax rate is set at 0.484% of the gross income of the business. This bill specifically targets entities engaged in radio and television broadcasting, excluding revenues from network, national, and regional advertising. The tax applies to businesses delivering audio, video, and written information through licensed stations, including delivery by wire, satellite, or other means.