Incentives

Incentives

Rural County Business and Occupation Tax Credit

A $2,000 or $4,000 credit against the B&O tax is available for each new employment position created by a qualifying manufacturer.

adobe-pdf-20pxRural County Business & Occupation Tax Credit for New Employees

Sales and Use Tax Exemption on Machinery and Equipment

For qualifying manufacturers, processors for hire and manufacturers who perform research and development are not required to pay the sales or use tax on machinery and equipment used directly in the manufacturing or research and development process. Charges for labor and services for installing machinery and equipment are also not subject to the sales or use tax. Major distribution centers, over 200,000 sf also qualify for sales and use exemptions.

adobe-pdf-20pxManufacturers’ Sales/Use Tax Exemption

High Unemployment County Sales & Use Tax Deferral/Waiver for Manufacturing Facilities (Effective July 1, 2010)

Available to manufacturers, persons conditioning vegetable seeds, research and development and commercial testing for manufacturers in a qualifying county or in a Community Empowerment Zone (CEZ). Read more at http://dor.wa.gov

adobe-pdf-20pxHigh Unemployment County Application for Sales and Use Tax Deferral

.09 Grant Loan Fund

Funding is available for qualifying public facilities improvements. This is a special program directed by local people in Lewis County. Local agencies can provide public infrastructure improvements through this fund.

adobe-pdf-20pxLewis County Economic Development Public Facilities Project Proposal

CERB Fund

An excellent state program to provide loan and grant funding for public improvements needed to serve industry.

Community Economic Revitalization Board

Education & Training Grants

Both Federal and State programs are available to help in recruitment and training of new workers.

Other Advantages to Locating at IPAT

Washington State has no “Corporate Income Tax” or “Personal Income Tax.” The tax structure make our state attractive to the profit oriented firm. The local area has no impact fees on construction, no local “Business & Occupation Tax,” and competitive property tax rates.