Oct. 1 brings new taxes for Washington businesses and consumers
(The Center Square) – A new slate of taxes goes into effect on Wednesday. The changes were passed as part of the 2025-27 biennial budget package, which lawmakers approved in May, and are projected to generate billions in revenue. The changes include an expansion of the retail sales tax to several new services and increased B&O tax rates for financial institutions and large service businesses.
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Show Notes
(The Center Square) – A new slate of taxes goes into effect on Wednesday. The changes were passed as part of the 2025-27 biennial budget package, which lawmakers approved in May, and are projected to generate billions in revenue. The changes include an expansion of the retail sales tax to several new services and increased B&O tax rates for financial institutions and large service businesses.
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Read more: https://www.thecentersquare.com/washington/article_11867ae3-09f1-4a4d-8ac0-3815e6e8fdd6.html
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