Tagged: business

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The Final Exam
7:12 am
Thu April 4, 2013

Boeing Says Certification Flight Is Days Away

Credit KUOW Photo/Carolyn Adolph
A 787 destined for All Nippon Airways waits at Boeing's airplane delivery center in Everett, Wash.

Boeing says a 787 Dreamliner destined for LOT Polish Airlines will take the certification test that could return the 787 fleet to the skies worldwide.

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First Increase Since '94
6:52 am
Thu April 4, 2013

Seattle Street Newspaper Real Change Raises Price

The weekly newspaper Real Change provides an outlet for hundreds of people who are low-income and homeless to make money and hold a steady job. On Wednesday, the paper doubled its price from $1 to $2.  

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Marijuana Law
2:17 pm
Tue April 2, 2013

For Legal Pot Sellers, A Big Tax Problem

Credit Grace Hood for NPR
Erica Freeman of Choice Organics weighs medical marijuana for a customer.

Originally published on Tue April 2, 2013 6:56 pm

An obscure tax code provision crafted for drug dealers is giving state-licensed medical marijuana dispensaries a headache.

In Colorado, federal income tax rates for dispensaries can soar as high as 70 percent because of a tax code section that does not allow businesses to claim certain deductions.

The section is known as 280E, and it was originally written for illegal drug traffickers. But today it's a thorn in the side of licensed dispensary owners like Erica Freeman.

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More from KUOW
11:18 am
Tue April 2, 2013

Why Does Amazon Support Online Sales Taxes?

Credit AP Photo/Scott Sady
An Amazon.com team member loads boxes of fulfilled orders into a truck at their Fernley, Nev., warehouse on Dec. 1, 2008.

It's rare that you get Republicans and Democrats agreeing on taxes, but that's what's happening in the other Washington and it might impact us here in the evergreen state.

The tax bill known as the Marketplace Fairness Act of 2013 would require Internet retailers who make more than $1 million in sales annually to collect sales taxes even if the retailer isn't physically located in that state.

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Urban Development
7:29 am
Fri March 29, 2013

Goodbye Greyhound, Hello Huge Hotel

A new mega-hotel proposed for downtown Seattle aims to draw more big conventions to the city. The developer posted its official public notice with the city Thursday, as a first step in the approval process. The proposal is to build a 43-story tower on the block that’s currently home to the Greyhound bus station.

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