// Exemption
Commercial vessels
Property Tax exemption · RCW 84.36.080(1) · enacted 1931
Details
- Citation
- RCW 84.36.080(1)
- Study reference
- E1410-1
- Tax type
- Property Tax
- Preference type
- Exemption
- Category
- Business
- Year enacted
- 1931
- End date
- None scheduled
Fiscal impact (2024 study estimates)
- Revenue if repealed — local ($M)
- FY 2024: 0 · FY 2025: 0.08 · FY 2026: 0.151 · FY 2027: 0.149
- Revenue if repealed — state ($M)
- FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
- Taxpayer savings — local ($M)
- FY 2024: 2.529 · FY 2025: 2.852 · FY 2026: 2.284 · FY 2027: 2.761
- Taxpayer savings — state ($M)
- FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
CTI = confidential taxpayer information · D = unable to disclose
From the 2024 DOR Tax Exemption Study
Home Education Industry Guides Fishing Charters Commercial Vessel Personal Property Tax (CVT) And Watercraft Excise Tax (WET) Print Commercial Vessel Personal Property Tax (CVT) and Watercraft Excise Tax (WET) Fishing boat owner/operators that are documented with the United States Coast Guard and use their boats primarily for fishing charters are eligible to pay CVT to DOR. Otherwise, they must pay WET to Department of Licensing. Printer-friendly version
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This is reference data from the 2024 study — not advice, and 2025–26 legislation may have changed it. Three ways to go deeper: