Vancouver Wa Taxes

Washington is one of only a few states in the US without an income tax. Instead, they rely on a Sales Tax, and a Corporate B&O Tax to pay for state services.

State Income Taxes- None

State Sales Tax - Sales tax is one of the primary sources of revenue for the State of Washington. Retail purchases are taxed at the rate of 8.2%. Groceries and Prescription Drugs are exempted.

Corporate Taxes- Businesses in Washington State pay a Business and Occupation tax, which is calculated by mulitplying gross receipts with a tax rate from .4% to 1.5%, based upon business classification.

Property Taxes - Property taxes are based upon assessed value, and are due as follows:
First Half due April 30th
Second Half due October 30th.
Clark County Property Tax Lookup

Property is taxed at the approximate rate of 1.1165 %, so on a $300,000 home the annual taxes would be around $3,350.00.