Boeing says Washington state move brings US into full WTO compliance

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Boeing said Washington state's repeal of an aerospace business tax break brings the United States into full compliance with World Trade ...

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Boeing said Washington state's repeal of an aerospace business tax break brings the United States into full compliance with World Trade Organization rules, a move U.S. policymakers hope will avert European Union tariffs on U.S. goods.

The Boeing logo is pictured at the Latin American Business Aviation Conference & Exhibition fair (LABACE) at Congonhas Airport in Sao Paulo, Brazil August 14, 2018. REUTERS/Paulo WhitakerWASHINGTON: Boeing said Washington state's repeal of an aerospace business tax break brings the United States into full compliance with World Trade Organization rules, a move U.S. policymakers hope will avert European Union tariffs on U.S. goods.

The Washington state Senate approved a measure removing the tax break in a 45-4 vote on Thursday, giving formal approval to a revised bill passed late on Wednesday by the state House and sending it to Washington state Governor Jay Inslee for a potential signature."Today's repeal by Washington state of its aerospace business and occupation tax rate brings the United States into full WTO compliance by fixing the single finding against the U.S.

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