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Washington State has no income tax. That means income from Social Security, pensions and retirement accounts is all tax-free in Washington. Sales tax rates are quite high and property tax rates are about average. To find a financial advisor who serves your area, try our free online matching tool.
Washington, DC, isn't a state; it's a district. DC stands for District of Columbia. Its creation comes directly from the US Constitution, which provides that the district, "not exceeding 10 Miles square," would "become the Seat of the Government of the United States."
The Opportunity Zones (OZ) program provides tax incentives for equity investments in businesses and commercial projects in designated Census Tracts.
Positions that require District residency include all Agency heads, positions in the Excepted Service, Executive Service, Senior Executive Attorney Service, positions in the Legal Service of the Council for the District of Columbia, and new employees hired or new re-hires in the Career, Management Supervisory, or ...
DC has a flat 8.25 percent corporate income tax rate. DC also has a 6.00 percent sales tax rate. DC's tax system ranks 48th overall on our 2023 State Business Tax Climate Index.
The Comprehensive Plan includes various racial equity lenses that will be used by the District to incorporate racial equity considerations to prioritize and target public investments, policies, and programs, and make decisions that create measurable improvements in the lives of residents, particularly those who have ...
As a high-tech hub, Washington, D.C. offers attractive credits, exemptions and other benefits to technology businesses. Move to DC offers relocation reimbursements up to $7,500 for each employee who relocates to the District and a five-year freeze on real property taxes for office improvements.