· Reduced rate for the manufacturing or selling of commercial airplanes or
their component products.
· Exemption for construction of new buildings used in the manufacturing of
super-efficient airplanes.
· Exemption for machinery and equipment used for manufacturing, research and
development, or testing operations.
· Reduced rate for FAR Part 145 Repair Stations
· Credit for certain pre-production development expenditures
· Low Business & Occupational tax rate for the manufacturing of goods
· Credit for property taxes on new buildings, renovations and machinery and
equipment
· No Corporate or Personal Income tax in Washington State
· Exemption for computer hardware and software
· Sales & Use tax exemption for construction of new building s used in the
manufacturing of super-efficient airplanes
· Hiring and customized training programs offered by local educational
institutions for little or no cost
· Sales & Use deferrals and exemptions on new equipment and construction
costs for new or remodeled buildings (Community Empowerment Zone)
· Foreign Trade Zone #224 encompasses 5,300 acres within the Spokane Region