Seattle: Business Licensing Fee Adjustments
Effective January 1, 2017 the cost of a Seattle business license tax certificate will undergo adjustments. The following chart is taken from here.

Cost of a business license tax certificate
All business license tax certificates expire on Dec. 31 and must be renewed annually.

In 2016, City Council adopted Ordinance 125083, creating a new fee structure for the Seattle business license tax certificate. The new fees will be implemented over 2017-2019 as follows:


Annual Seattle Taxable Revenue Annual Fee / Prorated Fee*

2017

2018

2019

$0 and $19,999

$55 / $27.50

$55 / $27.50

$55 / $27.50

$20,000 – $499,999

$110 / $55

$110 / $55

$110 / $55

$500,000 – $1,999,999

$480 / $240

$480 / $240

$500 / $250

$2,000,000 or more

$1,000 / $500

$2,000,000 – $4,999,999 $1,000 / $500

$1,200 / $600

$5,000,000 or more $2,000 / $1,000

$2,400 / $1,200

Branch locations

$10 per location $10 per location

$10 per location

*If you start your business in the second half of the year, July 1 or after, your license tax certificate fee for the first year will be reduced by half.

Summary of 2016 license tax certificate fees

In 2016, the yearly cost for a Seattle business license tax certificate is $110 in most cases. The fee for small businesses with total revenues of less than $20,000 in a year is $55. Total revenue includes income generated from business activity in Seattle and all other business locations. If you start your business in the second half of the year, July 1 or after, your license tax certificate fee will be reduced by half. If you have more than one business location in Seattle, you must pay an additional $10 per year for each additional branch location.

Please keep in mind all business tax certificates expire on December 31st of each year.

Please feel free to reach out to us at GPL for any concerns, questions, or comments regarding this change.

 

 

To schedule your accounting/tax planning meeting with GPL, go to http://gpltax.com/ or callĀ 425-502-9465 M-F 9am to 5pm.