Exemption
Title insurance
Insurance Premiums Tax exemption · RCW 48.14.020(1) · enacted 1947
Details
- Citation
- RCW 48.14.020(1)
- Study reference
- E1276-1
- Tax type
- Insurance Premiums Tax
- Preference type
- Exemption
- Category
- Tax Base
- Year enacted
- 1947
- 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- Revenue if repealed — local ($M)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- Revenue if repealed — state ($M)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: 7.44 · FY 2026: 8.87 · FY 2027: 9.84
- Taxpayer savings — local ($M)
- FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
- Taxpayer savings — state ($M)
- FY 2024: 6.97 · FY 2025: 8.11 · FY 2026: 8.87 · FY 2027: 9.84
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: