Intangibles

From the 2024 DOR Tax Exemption Study

Det. No.14-0257, 33 WTD 632 (December 30, 2014) 634 indicate that Taxpayer represented that he was contributing funds to the joint checking account from September, 2010, through August, 2011, that were used to pay the mortgage payments, but stated that he quit making deposits to the checking account in September, 2011. On September 26, 2013, Taxpayer provided the Appeals Division with a “Supplement to the Petition for Refund” in which he once again claims that he is responsible for paying half of the mortgage. Taxpayer’s claim is based on the fact that he is still listed as a “Payer” or “Borrower” on mortgage documents with the lending bank. However, Taxpayer has not claimed nor has he provided any documents or evidence that would support a claim that he has made any payments toward the debt on the subject property after the transfer of his ownership interest to Grantee on September 1, 2011. ANALYSIS RCW 82.45.060 imposes an excise tax on the sale of real property in Washington. The tax is the obligation of the seller. RCW 82.45.080. A “sale” includes any transfer of the ownership of or title to real property for valuable consideration. RCW 82.45.010(1). The term does not include a