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Mercer Island B&O Taxes FAQ

Does Mercer Island collect B&O tax? 

Yes.

Will I need a business license if my office isn’t in Mercer Island? 

Yes, if you are “engaging in business activities” within the city of Mercer Island, you are required to obtain a business license and pay the B&O tax whether or not a place of business is maintained within the city limit.

How long is a business license valid for? 

Business licenses are valid until December 31st of each calendar year and must be renewed every year.

When do I need to file? 

Mercer Island businesses are required to file the B&O tax form on an annual basis, and pay the B&O tax with the returns. Businesses with receipts in excess of $1.0 million a year are required to file and pay quarterly.

How much is the B&O tax? 

The gross receipts B&O tax is based on gross receipts for the reporting period.  The current tax rate is 0.10% of taxable gross receipts in all classifications, with a $20.00 minimum required payment.

Are any businesses exempt? 

Businesses with annual taxable gross receipts of $150,000 or less are exempt from paying the Mercer Island B&O tax in 2012.  However, such exempt businesses are still required to complete and file the returns by the applicable due dates.

Visit our Mercer Island location page for more information.

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City B&O Tax Guide Contents:

  1. Bellevue
  2. Bothell
  3. Issaquah
  4. Kirkland
  5. Lynnwood
  6. Mercer Island
  7. Mill Creek
  8. Redmond
  9. Renton
  10. Seattle
  11. Woodinville

Contact

18208 66th Ave Ne, Ste 102
Kenmore, WA 98028
(425) 483-6600

Meeting Locations

Bellevue | Bothell | Issaquah
Kenmore | Kirkland
Seattle | University District
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