HB 2167 - Increases Business and Occupation Tax on Large Financial Institutions - Washington Key Vote

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Title: Increases Business and Occupation Tax on Large Financial Institutions

See How Your Politicians Voted

Title: Increases Business and Occupation Tax on Large Financial Institutions

Vote Smart's Synopsis:

Vote to pass a bill that increases the Business and Occupation Tax on Large Financial Institutions.

Highlights:

 

  • Establishes an additional tax on financial institutions that is equal to the gross taxable income of the institution multiplied by 1.2 percent (Sec. 2). 

  • Defines financial institution as any savings bank, loan holding entity, credit association, or finance leasing agency (Sec. 2).

See How Your Politicians Voted

Title: Increases Business and Occupation Tax on Large Financial Institutions

Vote Smart's Synopsis:

Vote to pass a bill that increases the Business and Occupation Tax on Large Financial Institutions.

Highlights:

 

  • Establishes an additional tax on financial institutions that is equal to the gross taxable income of the institution multiplied by 1.2 percent (Sec. 2). 

  • Defines financial institution as any savings bank, loan holding entity, credit association, or finance leasing agency (Sec. 2).

Title: Increases Business and Occupation Tax on Large Financial Institutions

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