All Posts Tagged Tag: ‘taxes’

Mstaxcomic

The Third Anniversary of Washington State’s Big Tax Gift to Microsoft

Wednesday will be the third anniversary of the biggest corporate tax break in Washington State history. On April 10, 2010, the Legislature changed the definition of the state’s royalty tax and effectively granted amnesty to Microsoft, helping the company lock up $1.51 billion in savings from its thirteen-year Nevada tax dodge. The changes were led by Rep. Ross Hunter, Chair …

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Sacred Cash Cow

New York Times Focus on Corporate Tax Incentives, Washington State and Microsoft

In early December, The New York Times published a series on corporate tax incentives across the country. They also provided a state by state reporting view online (here’s the link for Washington State’s corporate tax incentives). Washington state grants $2.35 billion to corporations annually (about 15 cents of every dollar of the budget). Not surprisingly, Microsoft tops the list of …

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