Credit
Motion Picture Program contributions
B&O Tax credit · RCW 82.04.4489 · enacted 2006
Details
- Citation
- RCW 82.04.4489
- Study reference
- E1167-1
- Tax type
- B&O Tax
- Preference type
- Credit
- Category
- Business
- Year enacted
- 2006
- End date
- 2030-06-30 00:00:00
Fiscal impact (2024 study estimates)
- Revenue if repealed — local ($M)
- FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
- Revenue if repealed — state ($M)
- FY 2024: 0 · FY 2025: 13.8 · FY 2026: 15 · FY 2027: 15
- Taxpayer savings — local ($M)
- FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
- Taxpayer savings — state ($M)
- FY 2024: 15 · FY 2025: 15 · FY 2026: 15 · FY 2027: 15
CTI = confidential taxpayer information · D = unable to disclose
From the 2024 DOR Tax Exemption Study
Home Forms & Publications Publications By Subject Special Notices Motion Picture Competitiveness Program B&O Tax Credit Modified; Annual Tax Performance Report No Longer Required Print Motion Picture Competitiveness Program B&O tax credit modified; Annual Tax Performance Report no longer required Issue Date December 21, 2023 Intended audience: Persons who make a cash contribution to an approved Motion Picture Competitive Program. Effective July 23, 2023, the Motion Picture Competitiveness Program was modified to remove the requirement for contributors who receive funding assistance from the program to file an Annual Tax Performance report. About the Motion Picture Competitiveness Program B&O tax credit Persons who make a cash contribution to an approved Motion Picture Competitive Program (such as to Washington Filmworks) can claim this B&O tax credit. You do not need to apply for this B&O tax credit. The Department of Commerce oversees the Motion Picture Competitiveness Program. Currently, Washington Filmworks (WF) is the only IRC 501(c)(6) nonprofit organization that qualifies as an approved Motion Picture Competitiveness Program. WF’s mission is to create economic development opp
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