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Tax

Video

Seattle considers expanding ‘JumpStart’ tax on Amazon and others to plug budget deficit

by Taylor Soper on August 10, 2023August 10, 2023 at 3:50 pm

Seattle is thinking about taxing big business in a bigger way. The city this week released findings from a report detailing ideas for progressive taxes to help plug a budget… Read More

Matt McIlwain: 7 reasons why the capital gains tax is bad for Washington state

by Matt McIlwain on March 30, 2023March 30, 2023 at 9:44 am

Editor’s note: We asked two Seattle venture capitalists — Civic Ventures’ Nick Hanauer and Madrona’s Matt McIlwain — to defend their opposing viewpoints on the new capital gains tax in Washington… Read More

Nick Hanauer: 7 reasons why the capital gains tax is good for Washington state

by Nick Hanauer on March 30, 2023March 30, 2023 at 9:45 am

Editor’s note: We asked two Seattle venture capitalists — Civic Ventures’ Nick Hanauer and Madrona’s Matt McIlwain — to defend their opposing viewpoints on the new capital gains tax in Washington… Read More

Video

Capital gains tax ruled constitutional by Washington state Supreme Court

by Taylor Soper on March 24, 2023March 24, 2023 at 12:19 pm

The Washington state Supreme Court ruled that a statewide tax on capital gains is lawful, allowing the legislation to move forward nearly two years after it was approved by lawmakers.… Read More

Satya Nadella sells half his Microsoft stock, weeks before state implements capital gains tax

by Todd Bishop on November 29, 2021November 30, 2021 at 9:23 am

Microsoft CEO Satya Nadella sold half of his stake in the company in a series of transactions last week, divesting about 840,000 shares for a sum of more than $285… Read More

Jeff Bezos says Amazon is ‘supportive of a rise in the corporate tax rate’

by Mike Lewis on April 6, 2021April 7, 2021 at 8:19 am

Amazon founder Jeff Bezos today endorsed the Biden administration’s call for a higher corporate tax rate to help pay for the nation’s crumbling infrastructure. In a statement posted on his… Read More

Video

Biden calls out Amazon for not paying federal income tax: ‘I’m going to put an end to that’

by Taylor Soper on March 31, 2021March 31, 2021 at 8:56 pm

The debate over how much Amazon pays in federal income tax is heating up yet again. President Joe Biden called out the Seattle tech giant twice during a speech Wednesday… Read More

How Seattle’s new payroll tax on Amazon and other big businesses will work

by Monica Nickelsburg on July 7, 2020July 7, 2020 at 10:30 am

Seattle’s new plan to tax top salaries at the city’s highest-paying businesses is raising questions from the region’s tech community. How will the novel approach work in practice? Who gets… Read More

Seattle City Council unveils new payroll tax targeting Amazon and other large companies

by Monica Nickelsburg on June 16, 2020June 17, 2020 at 7:39 am

The Seattle City Council introduced a new proposal Tuesday to tax the largest companies in the city, the latest in a series of attempts to capture some of the wealth… Read More

News Brief

Seattle officials unveil plan to tax Amazon, other high-paying companies to fund affordable housing

by Monica Nickelsburg on March 5, 2020March 5, 2020 at 9:19 am

Seattle City Councilmembers unveiled draft legislation Wednesday that details their plan to tax the city’s highest paying businesses to fund affordable housing. Kshama Sawant and Tammy Morales are co-sponsoring the… Read More

Amazon and Microsoft back proposed business tax in breakthrough for fight against homelessness

by Monica Nickelsburg on February 4, 2020February 5, 2020 at 8:03 am

The Seattle-area business community is throwing its weight behind a proposal to tax high-paying companies in the region to fund housing and services for the homeless. Amazon, Alaska Airlines, Expedia,… Read More

Proposed tax seeks $121M a year from Amazon, Microsoft and other big Seattle-area companies to address homelessness

by Monica Nickelsburg on January 29, 2020January 29, 2020 at 4:14 pm

Washington state lawmakers are considering a new regional tax that would raise an estimated $121 million a year from some of the Seattle area’s biggest employers, including tech giants Microsoft… Read More

Driver wars: Uber-backed advocacy group protests potential tax, unionization effort in Seattle

by Monica Nickelsburg on June 20, 2019June 20, 2019 at 4:11 pm

The debate over how to deal with gig economy workers has pitted two groups of Uber and Lyft drivers against each other in Seattle. In the latest development, an Uber-backed… Read More

Video

TLDR Editor’s Picks: How Tech is Changing Seattle

by Starla Sampaco on July 2, 2018July 5, 2018 at 10:44 am

This week on TLDR, we’re looking back at some of the top stories of 2018 so far. Today’s topic: Tech companies and workers are changing changes in cities around the… Read More

Podcast

Week in Geek Podcast: The story behind the dramatic reversal of the ‘Amazon tax’ in Seattle

by Todd Bishop on June 16, 2018January 16, 2019 at 9:24 am

The fight over taxing big businesses in Seattle took a dramatic turn this week. The Seattle City Council voted to repeal the Head Tax, sometimes called the ‘Amazon Tax,’ less… Read More

Video

Live: Watch the raucous debate as Seattle City Council considers repealing new head tax

by Kurt Schlosser on June 12, 2018June 12, 2018 at 2:20 pm

Update: The council voted 7-2 to repeal the head tax. Read GeekWire’s full story here. Another heated debate is taking place at Seattle City Hall over the city’s response to the… Read More

Amazon suspends construction in Seattle while the city considers a new tax on its biggest businesses

by Monica Nickelsburg on May 2, 2018October 17, 2018 at 2:21 pm

Amazon is pausing construction on a new office tower at its Seattle headquarters and may put one of its biggest future office spaces back on the market in response to… Read More

Amazon Via6

Is the ‘Amazon effect’ worth it for cities? Researcher calls for more transparency and data about corporate incentives

by Monica Nickelsburg on March 8, 2018March 8, 2018 at 10:55 am

Government incentives and tax credits face new scrutiny, driven in-part by Amazon’s wishlist as it searches for a city to plant its second headquarters. The company has a preference for… Read More

Senate abandons plan to tax stock options at vesting after backlash from the tech industry

by Monica Nickelsburg on November 15, 2017November 15, 2017 at 8:54 am

The tech industry is breathing a sigh of relief this morning because the U.S. Senate has ditched its plan to tax stock options and restricted stock units when they vest… Read More

Seattle lawmakers approve new Airbnb tax, charging short-term rental hosts $8-$14/night

by Monica Nickelsburg on November 13, 2017November 13, 2017 at 9:57 pm

The Seattle City Council approved a new tax on short-term rentals Monday, taking the first step toward regulating hosts who rent out their properties using sites like Airbnb and VRBO.… Read More

Seattle investor compares Trump’s tax plan to ‘giving whiskey and car keys to teenage boys’

by Monica Nickelsburg on September 27, 2017September 27, 2017 at 10:30 am

Nick Hanauer is not impressed with President Donald Trump’s new tax reform plan. The Seattle investor and co-founder of Second Avenue Partners has more than a few choice words about… Read More

Ryan and Muilenburg
Video

At Boeing town hall, House Speaker Paul Ryan talks about taxes, tech – and Trump

by Alan Boyle on August 24, 2017August 24, 2017 at 2:06 pm

EVERETT, Wash. – House Speaker Paul Ryan came to a town hall with workers at Boeing’s biggest airplane factory today to talk about taxes, but he also had to address another… Read More

New Shepard crew capsule

Legislation aimed at boosting Washington state’s space industry fizzles out

by Alan Boyle on March 9, 2016March 9, 2016 at 4:29 pm

Two measures that would have lent a hand to Washington state’s fledgling space industry have been stalled in committee and aren’t likely to win approval during the state Legislature’s current session, the bills’… Read More

After suspected hardware glitch, IRS computers go back online

by Greg Sandoval on February 5, 2016February 5, 2016 at 7:10 am

The initial headlines were enough to take one’s breath away: “Internal Revenue Service reports computer troubles,” or “IRS computers crash.” It’s this kind of headline that sets one to fantasizing. We… Read More

How tax automation startup Avalara recovered from its Black Friday blip and posted record numbers

by Taylor Soper on December 2, 2015December 2, 2015 at 1:53 pm

For many employees in America, Thanksgiving weekend was a time for relaxation, a chance to take a brief break from work. This year, though, that wasn’t so much the case for engineers… Read More

Avalara tax software problems cause trouble for e-commerce sites on Black Friday

by Taylor Soper on November 30, 2015November 30, 2015 at 10:04 am

Tax automation software probably isn’t something the average consumer thinks about while making online purchases, but it caused some frustration for some e-commerce site operators this past Black Friday weekend.… Read More

IRS fights Ballmer and other former Microsoft execs over testimony in corporate tax probe

by Todd Bishop on December 25, 2014December 29, 2014 at 7:30 am

The Internal Revenue Service is petitioning a federal court to compel a who’s who of former Microsoft executives — including longtime CEO Steve Ballmer and former Windows chief Jim Allchin — to… Read More

Business tax climate index: Washington 6th, Oregon 12th

by Taylor Soper on October 15, 2013October 15, 2013 at 11:13 am

If paying fewer taxes is a huge concern for your business, Wyoming might be the place to be. That’s according to the Tax Foundation’s tenth annual State Business Tax Climate Index,… Read More

Legislators want Expedia, online travel agencies to pay more taxes

by Taylor Soper on August 19, 2013August 19, 2013 at 7:58 am

Expedia and other big online travel agencies may be looking at higher tax expenses thanks to a recent push by state legislators. Bloomberg reports that The National Conference of State… Read More

New iPhone app eases the burn of state booze tax

by Molly Brown on July 11, 2012December 3, 2014 at 8:29 am

More than a month into Washington state’s new laws on liquor sales, and consumers are still feeling the afterburn of sticker shock from taxes not necessarily shown on the shelf.… Read More

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