Washington Main Street B & O Tax Incentive Program2019-09-19T15:15:21-07:00

Directing Taxes Back Into Our Community

The Main Street Tax Credit Incentive Program provides a Business & Occupation (B&O) or Public Utility Tax (PUT) credit for private contributions given to eligible downtown organizations. Once your donation request is approved by the Department of Revenue, you are eligible for a tax credit worth 75% of the contribution to your downtown revitalization organization. A business can donate up to $250,000. Additionally, since the Bainbridge Island Downtown Association is a 501(c)3, you may be eligible for a federal income tax deduction as a charitable contribution.

HOW IT WORKS

In 2020; you give $1,000 to Bainbridge Island Downtown Association

In 2021; you rec