Bill
SB 5766
Clarifying the business and occupation tax treatment of the investment income of passive investment vehicles managed by a person subject to business and occupation tax under RCW 82.04.290(1).
2025-2026 Regular Session
Introduced by John Braun and 3 co-sponsors
SB 5766 clarifies Washington B&O tax treatment of passive investment vehicle income for tax-subject investment managers to reduce compliance ambiguity and ensure consistent taxation.
First reading, referred to Ways & Means.