WA General Contractor Practice Questions - Washington General Contractor Exam

Under Washington's Business and Occupation (B&O) tax, how is a construction contractor typically taxed?

On gross receipts under the retailing or wholesaling classification, depending on the type of work On net profit only On the number of employees Construction contractors are exempt from B&O tax

Correct Answer:

On gross receipts under the retailing or wholesaling classification, depending on the type of work

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