Business and Occupation Tax Credit

What is the Business and Occupation Tax Credit?

Organizations that provide Commute Trip Reduction incentives to employees or tenants are eligible to receive the Business and Occupation (B&O) tax credit. 

Qualified Commute Trip Reduction (CTR) incentives AKA commuter benefits include ride-sharing benefits like Vanpool and Vanshare, public transportation benefits, like ORCA Business Program, as well as ridesharing and active commute benefits like bike shares. 

How it Can Help

The B&O Tax credit for CTR incentives is equal to 50% of the cost of the benefit being provided. Employers and property managers can receive up to $60 per employee or tenant per year. This cannot exceed a maximum of $100,000 a year allotted for this tax credit. The application coincides with the federal tax cycle on a first-come, first-served basis.

How to Apply

Organizations can use their Washington State Department of Revenue account to apply. Login here.

Who is Eligible

Property Managers who provide CTR incentives to their tenants or businesses that provide CTR incentives to their employees. 

How We Can Help

Contact our team with questions or learn more on the Washington Department of Revenue website.