Quarterly or Annual B&O Tax Report

COVID-19 Business Tax Relief

The City wants to provide those who do business in Olympia with tax relief during this most difficult time and to encourage you to continue to do business as our community, state and nation, recover from the COVID-19 pandemic.

The Olympia City Council has decided to change the due date for 2020 first quarter municipal Business and Occupation (B&O) taxes from April 30, 2020 to July 31, 2020. No late filing penalties or interest will be due on any 2020 first quarter B&O taxes.

This means that you can file your 2020 first quarter and 2020 second quarter B&O taxes no later than July 31, 2020. Please note that late filing penalties for first and second quarter B&O taxes will apply if the filings are not received by July 31, 2020.

If you have not yet filed your 2019 annual or quarterly City of Olympia B&O tax returns, please do so if possible. Please note that if you owed no tax in 2019, there is no late penalty on a no tax due return.

If you have questions or concerns, or need additional information, please contact the Tax and License Accountant at 360.753.8327 or send an email message to licensing@ci.olympia.wa.us.

Address and B&O Filing Information

Please note our address and B&O tax return filing requirements have changed. View the Address and B&O Filing page for more information.

B & O Tax Changes

In order to comply with RCW 35.102.130, the City of Olympia has enacted several changes to its B&O tax code. These changes are effective January 1, 2008 for first quarter returns due April 30, 2008 and 2008 annual returns due January 31, 2009.

Allocation. Gross income derived from all activities other than those taxed as service shall be allocated to the location where the activity takes place. For retail and wholesale classifications, this means the point of delivery of the item(s) sold.

Apportionment. Gross income derived from activities taxed as services shall be apportioned to a city by multiplying apportionable income by a fraction, the numerator of which is the payroll factor plus the service-income factor and the denominator of which is two. This may seem complicated, but this is how the State law concerning municipal B&O tax was written.

Here are some forms and instructions to help implement this new portion of our tax code.

B & O Tax Forms

Various Form Formats
Quarterly

PDF PDF

Excel 2007 Excel 2007

Annual

PDF PDF

Excel 2007 Excel 2007

 

If you are using a Macintosh and having problems opening a document, these Mac troubleshooting steps may help.

The City of Olympia’s Business and Occupation Tax is due and payable quarterly for businesses with annual gross taxable revenue of $750,000.00 or more.  It is due and payable annually for businesses with annual gross taxable revenue of less than $750,000.00. Due dates for quarterly filers are the same as those established by the State of Washington Dept. of Revenue for the State Business and Occupation Tax. The due date for annual filers is January 31 for the preceding calendar year. City of Olympia tax returns are mailed, so please notify both the State of Washington (1-360-705-6741) and the City of Olympia (360-753-8327) about any business address change. You may also download blank City B&O tax returns from this page.

  • If your TOTAL GROSS income is less than $5,000 for the quarter, or $20,000 per year, simply enter -0- for tax due and return the form.
  • If income is in excess of the above amounts, enter your gross revenue in Column 2 - opposite the applicable business classification (see below).
  • Allowable tax deductions, which must be itemized as to type in the detail of Column 3 - TAX DEDUCTIONS, are then entered in Column 3.
  • Column 3 is subtracted from Column 2 and the total entered in Column 4, Taxable Amount.
  • Multiply this figure by the rate shown and enter in Column 6.

Tax Rates

Extracting .001 (1/10 of 1%)
Manufacturing .001 (1/10 of 1%)
Wholesaling .001 (1/10 of 1%)
Retailing .001 (1/10 of 1%)
Retail Service .001 (1/10 of 1%)
Printing and Publishing .001 (1/10 of 1%)
Public Road Construction (included in retailing) .001 (1/10 of 1%)
Service and Other Activities .002 (2/10 of 1%)

 

Contact Information:

  • Address: Olympia City Hall | 601 4th Avenue E.
  • Hours: 8:00 a.m. to 5:00 p.m., Monday-Friday
  • Phone: 360.753.8327
  • Email: licensing@ci.olympia.wa.us