// Exemption
Interest held in a privately-held entity excluded from capital gains
Capital Gains Tax exemption · RCW 82.87.050(2) · enacted 2021
Details
- Citation
- RCW 82.87.050(2)
- Study reference
- E1210-1
- Tax type
- Capital Gains Tax
- Preference type
- Exemption
- Category
- Individuals
- Year enacted
- 2021
- End date
- None scheduled
Fiscal impact (2024 study estimates)
- Revenue if repealed — local ($M)
- FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
- Revenue if repealed — state ($M)
- FY 2024: 0 · FY 2025: 0 · FY 2026: 12.6 · FY 2027: 12.9
- Taxpayer savings — local ($M)
- FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
- Taxpayer savings — state ($M)
- FY 2024: 12.2 · FY 2025: 12.9 · FY 2026: 13.3 · FY 2027: 13.6
CTI = confidential taxpayer information · D = unable to disclose
Does this apply to you?
This is reference data from the 2024 study — not advice, and 2025–26 legislation may have changed it. Three ways to go deeper: