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Washington Manufacturing B&O Tax Credit for R&D

Washington Department of Revenue (WA DOR)WA-MFG-RD
Max per Applicant

Varies

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Washington

About This Program

Business and Occupation (B&O) tax credit for Washington manufacturers and processors conducting R&D. Credit equals 2.5% of qualifying R&D expenditures against the B&O tax, helping manufacturers defray costs of innovation. Unused credit carries forward up to 5 years.

Key Requirements & Eligibility

  • 1Must be a Washington manufacturer, processor, or R&D company
  • 2Qualifying R&D: systematic investigation for new knowledge or product development
  • 3Credit: 2.5% of qualifying R&D expenditures
  • 4Credited against B&O tax liability
  • 5Unused credit carried forward up to 5 years

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

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Applicable Industries

ManufacturingResearch & DevelopmentTechnology
Official Source