Exclusion

Precious metals and bullion

Retail Sales & Use Tax exclusion · RCW 82.04.062 · enacted 1985

All exemptions & deductions

Details

Citation
RCW 82.04.062
Study reference
E1549-1
Tax type
Retail Sales & Use Tax
Preference type
Exclusion
Category
Business
Year enacted
1985
End date
None scheduled

Fiscal impact (2024 study estimates)

Revenue if repealed — local ($M)
FY 2024: 0 · FY 2025: 7.047 · FY 2026: 7.991 · FY 2027: 8.3
Revenue if repealed — state ($M)
FY 2024: 0 · FY 2025: 15.671 · FY 2026: 17.77 · FY 2027: 18.457
Taxpayer savings — local ($M)
FY 2024: 7.395 · FY 2025: 7.688 · FY 2026: 7.991 · FY 2027: 8.3
Taxpayer savings — state ($M)
FY 2024: 16.443 · FY 2025: 17.096 · FY 2026: 17.77 · FY 2027: 18.457

CTI = confidential taxpayer information · D = unable to disclose

Does this apply to you?

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