Washington State: Insurance company affiliate qualifies for insurance business B&O tax exemption (Supreme Court decision)

Affiliate qualifies for exemption on income earned from providing services to insurance company 

Download PDF
Share
December 17, 2024

The Washington State Supreme Court held that an affiliate of an insurance company is entitled to the “insurance business exemption” from business & occupation (B&O) tax on income earned from providing services to the insurance company because the insurance company pays insurance premium tax on premiums received from consumers.

Read a December 2024 report prepared by KPMG LLP

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP\'s . Privacy Statement

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline