Business Incentives
Business & North Clark County ~ It Makes Good $ense
Business in North Clark County does make sense; companies like designer clothier Agave Jeans, Pacific Power Products, its subsidiaries Detroit Diesel, Allison Transmission and MTU, plus United Natural Foods, Dollar Tree and Cascade Container have all recognized the strategic and economic advantages of locating their business in North Clark County and along the Discovery Corridor.
- Skilled labor pool
- Easy access to ground, water & air freight
- Low cost utilities
- Tax Incentives
- Financial Incentives
Tax Incentives for Industry
- No corporate income tax
- No inventory tax
- No waters edge tax
- Tax credits for hi-tech Business & Occupation tax
- Inventory Tax Exemption on Goods in Transit
- Sales/Use Tax Exemption on New Equipment
- Tax Exemption on Raw Materials Used in Manufacturing
- Excise Tax Exemption
- Tax Incentive for Creation of Jobs
- Tax Incentive for Industrial Investment
- Exemptions for warehousing sales & use tax
- Exemptions for hi-tech Sales & Use tax
- No State capital gains tax
- No personal income tax
Visit the State of Washington Department of Commerce for more information.
Financial Assistance for Industry
- State Sponsored Industrial Development Authority
- Privately Sponsored Development Credit Corporation
- State Authority or Agency Revenue Bond Financing
- City/County Revenue Bond Financing
- State Loans for Equipment/Machinery
- State Loan Guarantees for Equipment/Machinery
- State Matching Funds for City/County Industrial Financing Programs
- State Incentive for Establishing Industrial Plants in Areas of High Unemployment