Computer keyboard for the Capital Financial News and data blog header

Taxes are Becoming a Bigger Issue for Tech Companies When Choosing Locations

A proposed 3 percent “head tax” on wages paid by the city’s wealthiest companies to fund affordable housing has Amazon reconsidering plans to expand in Seattle. Amazon Vice President Drew Herdener told The Blaze that his company paused construction planning for Block 18, an expansion project in downtown, until after the council votes on the proposed tax and is evaluating options to sub-lease all space in the recently leased Rainier Square building.

Read more here.

Posted in

Need Court Appointed Receiver Services?

As court-appointed receiver, we work with the debtor and creditor to resolve defaulted credits. Most often, while working with the borrower’s lender, we are able to significantly reduce the loan balance through an efficient liquidation process that maximizes loan value.

(555) 123-4567