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Washington Legal Decision Clarifies Insurance B&O Tax Exemption Opportunity

First few Article Sentences

The Washington State Court of Appeals issued a decision on February 27, 2023, in Envolve Pharmacy Solutions, Inc. v. Department of Revenue, that provides clarity on activities functionally related to insurance, that are exempt from business and occupation (B&O) tax pursuant to RCW 82.04.320.

The case clarified that a separate legal entity that doesn’t directly report premiums or pay premiums tax to the Washington Office of the Insurance Commissioner can also potentially qualify for the insurance B&O tax exemption—provided its activities are functionally related to an insurance business who files and pays Washington premium tax.


Griffiths, Shane

 

Moss Adams

B&O Tax

April 11, 2023

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