Wash. Gov. Inks $9B Tax Package For Boeing

Law360, New York (November 12, 2013, 5:27 PM EST) -- Washington Gov. Jay Inslee on Monday signed off on aerospace-related tax breaks worth $8.7 billion aimed at enticing Boeing Co. into building its 777X commercial jetliner, as well as the plane's carbon fiber wings, in-state. 

The legislation extends and expands until 2040 an array of aerospace industry tax incentives first enacted a decade ago. The package includes a reduction in the state's business and occupation tax, sales tax exemptions on computers used for airplane development and design, and other miscellaneous tax credits for aerospace businesses....
To view the full article, register now.