Business Incentives

Tax Incentives

Discover the perks of doing business where sea, sky, rail and I-5 meet in Everett, Washington. Capitalize on business-friendly tax policies by the city, Snohomish County and Washington State. Contact Dan Eernissee, Economic Development Director with any questions! 

Tax breaks

  • Benefit from property tax exemptions for multi-family housing construction in Everett’s downtown core.
  • Redeem up to $500,00 in tax credits for creating 50 or more new jobs.
  • Commercial biotechnology and medical device manufacturers:
  • Defer sales & use tax payments until your products are ready for market.  
  • Save with sales & use tax exemptions on machinery and equipment purchases.

Businesses and residents don’t pay...

  • Corporate state income tax
  • Unitary tax
  • Inventory tax
  • Personal state income tax
  • State tax on interest, dividends or capital gains.

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