Regional News

WTO: Tax Break Offered To Boeing By WA State Unfair

(Olympia, WA)  --  Washington Governor Jay Inslee says the state will likely appeal a ruling by the World Trade Organization that the Legislature approved a tax break to Boeing that amounts to an unfair trade practice.  The break grants a reduction in the business and occupation tax Boeing would pay on money from the 777X if the company builds the plane's high-tech composite wing in Washington.  According to the "Spokesman-Review," the WTO has ruled the tax break puts foreign competitors at a disadvantage if they wanted to build the wings elsewhere and sell them to Boeing.  Inslee, who called the emergency legislative session in 2013 to pass a series of Boeing tax breaks, says it was, and is, the right thing to do for the state's economic future.

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