Global Trade Alert
Global Trade Alert

United States of America/State of Washington: Tax benefits for firms providing international investment management services made conditional on local employment

Announcement

21 May 2019

A new law in the state of Washington makes tax benefits for firms providing international investment management services conditional on local employment.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jul 2019

Revocation date:

No revocation date

Updated: 21 May 2019
Local labour requirement In force

On May 21, 2019 the governor of Washington signed into law a bill (SB 6016) that changes the terms of tax benefits extended to certain investment firms. Under existing law, businesses providing &ld...

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