Washington SB5457 imposes a tax on radio and television broadcasters based on their gross income.

Washington SB5457 introduces a tax on businesses engaged in radio and television broadcasting within the state. The tax rate is set at 0.484 percent of the gross income of the business, excluding revenues from network, national, and regional advertising. This tax applies to businesses that are not primarily focused on serving an out-of-state audience. The bill also amends existing sections of the Revised Code of Washington to clarify definitions and applicability of certain tax provisions.

Washington SB5457 imposes a tax on radio and television broadcasters based on their gross income.

Washington SB5457 introduces a tax on businesses engaged in radio and television broadcasting within the state. The tax rate is set at 0.484 percent of the gross income of the business, excluding revenues from network, national, and regional advertising. This tax applies to businesses that are not primarily focused on serving an out-of-state audience. The bill also amends existing sections of the Revised Code of Washington to clarify definitions and applicability of certain tax provisions.