The ultra-wealthy from Seattle and Washington state may not exactly be looking to gamble away their riches in Las Vegas, but they are willing to take a bet on Nevada… Read More
Opponents rallied at the Washington State Capitol in Olympia on Tuesday to voice their displeasure for a bill being considered by the legislature that would impose a 6% tax on… Read More
The U.S. Supreme Court today decided not to hear an appeal of a Washington state Supreme Court ruling from March 2023 that found a statewide tax on capital gains to… Read More
Washington state’s new capital gains tax collected nearly $900 million in its first year, according to the state’s Department of Revenue. With 3,765 returns filed, DOR reported capital gains collection… Read More
In a letter sent earlier this month to Seattle Mayor Bruce Harrell and his executive leadership team, three organizations invested in the vitality of the city’s urban core laid out… Read More
Councilmember Kshama Sawant, who took on Amazon and others over the years in an effort to tax big businesses, will not seek re-election to the Seattle City Council. Sawant, who… Read More
The Internal Revenue Service is delaying by one year the implementation of a tax policy change that was being fought by online marketplace companies and payment platforms. The change was… Read More
When Dan Marx helped launch a new startup this summer, he pictured himself having to learn more about bicycles and their parts than anything related to U.S. tax policy. But… Read More
Some California cities are calling on the state to return to a more equitable method of sharing tax revenue generated by Amazon’s online sales — warning that a change made… Read More
It’s been more than three years since a concept to encourage high-net worth Americans to invest in economically distressed areas was introduced and later passed with bipartisan support as part… Read More
Seattle-based tax automation company Avalara announced Tuesday that it has acquired assets from DAVO Technologies, a company that helps small businesses automate daily sales tax requirements. DAVO, headquartered in Westbrook,… Read More
Jeff Bezos surprised some Amazon critics and followers this week by throwing his weight behind a federal corporate tax hike to help pay for President Biden’s infrastructure plan. It was… Read More
Tech workers, business owners, public policy advocates and private citizens weighed in this week in favor of and against a proposed capital gains tax in Washington state. A remote hearing… Read More
Update: The Washington state Senate on Saturday passed SB 5096 by a slim margin, 25-24. The bill now moves to the House. Washington state’s startup community spent much of this week… Read More
When Jeff Bezos announced plans to step down as Amazon CEO later this year, critics of a plan to tax the fortunes of Washington state billionaires had a field day.… Read More
Tanium co-founder and CEO Orion Hindawi may not be as well known as Jeff Bezos, Steve Ballmer, Bill Gates or other Seattle area billionaires. After all, it was just a… Read More
A new proposed wealth tax in Washington state would impose a 1% tax on billionaires, affecting Seattle-area tech and business leaders such as Amazon CEO Jeff Bezos, Microsoft co-founder Bill… Read More
Fighting back against what it calls a “headwind to Seattle’s economic recovery,” the Seattle Metropolitan Chamber of Commerce filed a lawsuit Tuesday against the Seattle City Council’s recently passed payroll tax.… Read More
The Downtown Seattle Association is asking the Seattle City Council to reconsider a new payroll tax following a news report that Amazon polled employees about which communities they’d prefer to… Read More
A new tax on Seattle’s highest-paying businesses will fund a variety of pandemic-related relief programs for renters, immigrants, refugees, and small businesses this year under a spending plan passed by… Read More
Seattle’s years-long effort to tax the wealth generated by tech and other lucrative industries crossed a new milestone Monday. The Seattle City Council voted to approve a tax on the… Read More
A proposal to tax Seattle’s largest corporations — including Amazon, Expedia, and other tech companies — will be tabled while Washington state remains under its stay-home order. The Seattle City… Read More
Hundreds of business and community leaders are asking Seattle officials to reject a new payroll tax on the city’s highest-paying companies. Business groups sent a pair of letters to Seattle… Read More
Protestors descended on Amazon’s headquarters Sunday in a fight to preserve the taxing authority of Seattle and other cities in the region. The event was organized by Seattle City Council… Read More
Sen. Elizabeth Warren called out Amazon in its own backyard at a rally in Seattle on Saturday evening. The Democratic presidential candidate again criticized the Seattle-based tech giant for skirting… Read More
Amazon’s tax bill has become a lightning rod in a nationwide debate over economic inequity and Seattle is on the front lines. An ambitious new proposal by Seattle City Councilmember… Read More
Officials in Seattle and Washington state are wrestling over a proposed tax on companies like Amazon and Microsoft that would raise millions to address the homelessness crisis gripping the region.… Read More
Amazon disclosed new details about its U.S. taxes for 2019 in public financial documents and a blog post Friday morning, saying its federal income tax expense for the year was… Read More
Amazon paid nearly $300 million in state and local taxes in 2018, according to a source inside the company with knowledge of the matter. The disclosure comes amid a larger… Read More
Bill Gates weighed in on the subject of taxes at various times throughout 2019. Should he be paying more? How much makes sense? Which politician has his attention when it… Read More
