News & Analysis as of June 25, 2025

Interchange Fees

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Washington State enacts provisions to allow companies to deduct interchange fees

Orrick, Herrington & Sutcliffe LLP on 6/2/2025

On May 20, the governor of Washington State signed into law HB 2020 which amends the state’s tax laws to exclude interchange fees from the business and occupation tax. The legislation stemmed from a lawsuit where a company...more

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Washington State enacts provisions to allow companies to deduct interchange fees

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