The imposition of Washington business and occupation (B&O) tax on an out-of-state ATM card transaction processor was properly classified and did not violate the Commerce and Due Process clauses of the U.S. Constitution. Classification of Income The taxpayer claimed that its gross income from card service fees should have been classified under the royalties B&O […]
The post Washington Allows B&O Tax on Remote ATM Card Processor appeared first on Tax & Accounting Blog.