<p>You can deduct funding that you receive from government-supported research and development in the life sciences. If you take the deduction, you must fill out a deduction report and submit it to the City by April 30 each year. Download the <a href="documents/Departments/CityFinance/BusinessLicenseTax/LifeScienceResearchDeductionAnnualReport.pdf" target="_blank">Annual Tax Report for Life Science Research Deductions.</a></p>
<p>NOTE: This deduction expired June 7, 2017. For further details about the life science research deduction, see <a href="http://clerk.seattle.gov/~scripts/nph-brs.exe?s1=5-069.NUM.&l=20&Sect6=HITOFF&Sect5=BTXN1&d=BTXN&p=1&u=/~finance/btxn1.htm&r=1&f=G" target="_blank">Seattle Tax Rule 5-069.</a></p>
<p>If you have any questions, contact <a href="mailto:Joseph.Cunha@seattle.gov" target="_blank">Joseph Cunha</a> or <a href="mailto:Anna.Pedroso@seattle.gov" target="_blank">Anna Pedroso</a> by email or by calling 206-684-8484.</p>