Tax & Incentives
As part of the state of Washington, Kitsap County offers an extremely favorable tax environment for business and citizens. When it comes to best places to make a living based on income taxes, cost of living, unemployment, Washington State:
- does not have a personal or corporate income tax;
- does not have an inventory tax;
- does not impose a tax on intangible assets, such as bank accounts, stocks, or bonds and
- does not assess any tax on retirement income earned and received from another state.
- ranked #9 on CNBC's annual study America's Top States for Business
Washington also offers numerous tax incentives that make it an attractive place to do business, including manufacturers’ sales and use tax deferrals and exemptions, a high tech sales and use tax deferral, high tech business and occupation tax credit programs, and a warehouse sales tax exemption program.
For more information on these tax incentive options, and to see if your business might qualify, visit the Tax Incentive Programs section of the Washington State Department of Revenue website or call 800-647-7706.
Additional Incentives:
HUBZones: There are three qualified HUBZones in Kitsap County, plus the Port Gamble S’Klallam Reservation and the Port Madison Reservation. View HUBZone Map
Foreign Trade Zone – More than 500 acres of land in Kitsap County at the Port of Bremerton’s industrial Park are part of FTZ 216
Opportunity Zones: Kitsap has three designated OZ - two in Port Orchard and one in Bremerton. Learn more about Opportunity Zone incentives.
Workforce Development – State and local workforce programs to assist your company in finding or training the workforce you need
Puget Sound Industrial Center – Bremerton (PSIC – Bremerton), Kitsap County’s 3700 acre Super Site, offers developers multiple incentives via the Certified Evergreen Building Permit Fee Rebate Program. Visit SKIA/PSIC for complete information.