Annexation sales

From the 2024 DOR Tax Exemption Study

WAC 458-61A-1001 Graduated real estate excise tax rates—Excep- tions to graduated rates—Tax avoidance arrangements. (1) Introduc- tion. This rule explains how the graduated real estate excise tax rates apply to transactions subject to real estate excise tax (REET). See chapter 82.45 RCW. The rule also explains when and how the tax rates change over time. In addition to the REET discussed in this rule, a sale of real property may also be subject to an excise tax im- posed by a county or city. See RCW 82.46.010. (2) Other rules that may apply. Readers may want to refer to oth- er rules for additional information, including: (a) WAC 458-30-200 Definitions. (b) WAC 458-61A-100 Real estate excise tax—Overview. (c) WAC 458-61A-101 Taxability of the transfer or acquisition of the controlling interest of an entity with an interest in real proper- ty located in this state. (d) WAC 458-61A-102 Definitions. (e) WAC 458-61A-301 Payment of tax, collection responsibility, audit responsibility, and tax rulings. (f) WAC 458-61A-303 Affidavit. (g) WAC 458-61A-306 Date of sale, interest, and penalties. (3) Examples. This rule includes examples that identify a number of facts and then state a conclus