The city of Everett practices a progressive, business-friendly tax policy. Both Washington State and Snohomish County support this vibrant area’s ongoing economic development. Companies locating to the city of Everett have access to a variety of business incentives, from industry-specific tax breaks to location-based tax deferrals.
New jobs tax credit of up to $500,000 for the creation of at least 50 new jobs
Biotechnology and medical device manufacturing sales and use tax deferrals
Machinery and equipment (M&E) sales and use tax exemptions
Multi-family housing property tax exemption in the downtown core
Taxes Not Paid By Everett Residents or Business Owners
Corporate state income tax
Personal state income tax
State tax on interest, dividends or capital gains
For detailed information about the tax system in Washington state for businesses or individuals, contact the Washington State Department of Revenue at 800-647-7706 (in-state) or 800-233-6349 (out-of-state).