// Exemption
Credit unions - state chartered
B&O Tax exemption · RCW 82.04.405 · enacted 1970
Details
- Citation
- RCW 82.04.405
- Study reference
- E1087-1
- Tax type
- B&O Tax
- Preference type
- Exemption
- Category
- Business
- Year enacted
- 1970
- End date
- None scheduled
Fiscal impact (2024 study estimates)
- Revenue if repealed — local ($M)
- FY 2024: 0 · FY 2025: -0.441 · FY 2026: -0.504 · FY 2027: -0.527
- Revenue if repealed — state ($M)
- FY 2024: 0 · FY 2025: 0.194 · FY 2026: 0.274 · FY 2027: 0.343
- Taxpayer savings — local ($M)
- FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
- Taxpayer savings — state ($M)
- FY 2024: 50.94 · FY 2025: 55.37 · FY 2026: 60.19 · FY 2027: 65.43
CTI = confidential taxpayer information · D = unable to disclose
From the 2024 DOR Tax Exemption Study
1. [Home](/) 2. [Open A Business](/open-business) 3. [Apply For A Business License](/open-business/apply-business-license) 4. [Plan For Taxes](/open-business/apply-business-license/plan-taxes) 5. Business And Occupation (B&O) Tax Classification Definitions Print # Business and occupation (B&O) tax classification definitions Definitions for each B&O tax classification are listed below. Use these definitions to determine which classification(s) under which you need to report business income on the excise tax return. If you conduct multiple activities, you may need to report under several B&O tax classifications. Take a look at our [tax classifications for common business activities](/open- business/apply-business-license/plan-taxes/tax-classifications-common- business-activities). For assistance in determining the correct classification(s) for your business, or if you have received a return that does not have the classification(s) you need, [contact us](/contact). Aerospace Assisted Living Facilities Canned Salmon Labelers Chemical Dependency Centers Child Care Cleanup of Radioactive Waste for US Government Credit Unions Extracting, Extracting for Hire Federal Aviat
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This is reference data from the 2024 study — not advice, and 2025–26 legislation may have changed it. Three ways to go deeper: