Aerospace Incentives Print E-mail
• Reduced rate for the manufacturing or selling of commercial airplanes
or their component products
 
• Exemption for construction of new buildings used in the
manufacturing of super-efficient airplanes
 
• Exemption for machinery and equipment used for manufacturing,
research and development, or testing operations
 
• Reduced rate for FAR Part 145 Repair Stations
 
• Credit for certain pre-production development expenditures
 
• Low Business & Occupation tax rate for the manufacturing of goods
 
• Credit for property taxes on new buildings, renovations and
machinery and equipment
 
• No Corporate or Personal Income tax in Washington State
 
• Exemption for computer hardware and software
 
• Sales & Use tax exemption for construction of new buildings used in the
manufacturing of super-efficient airplanes
 
• Hiring and customized training programs offered by local educational
institutions for little or no cost
 
• Sales & Use tax deferrals and exemptions on new equipment and construction costs
for new or remodeled buildings (Community Empowerment Zone)
 
• Foreign Trade Zone #224 encompasses 5,300 acres within the Spokane Region