WAN-IFRA

Shaping the Future of the Newspaper

Date

Fri - 25.05.2012


Washington newspapers receive tax break

Washington newspapers receive tax break

Newspapers in the U.S. state of Washington have been granted a tax break by Governor Chris Gregoire, the Seattle Times reported Wednesday. Printers and publishers will receive a 40 percent tax cut from the state's principal business tax.

The new law grants the ailing newspaper industry a tax break similar to that given to Boeing Co. and the timber industry in recent years. The legislative break marks one of the first examples of government-based support for the newspaper industry in the United States.

Author

Leah McBride Mensching

Date

2009-05-13 23:14

Shaping the Future of the Newspaper


© 2012 WAN-IFRA - World Association of Newspapers and News Publishers

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