​  

P: 206-684-9454

Selling Price

Excise Taxes: How much and what is it based on?

If you’ve sold real estate in Washington State you’ve encountered our wonderful excise tax. The state imposes a tax on the sale of real property equal to 1.28% of the selling price. In addition, counties and/or towns may add additional taxes if they so choose. RCW 82.45.060. For example, if your property is in King County, and within the City of Seattle your total tax is 1.78%.

Syndicate content

The material on this web site is for informational purposes only. We are not providing legal advice. Using this website does not create an attorney-client relationship between Pauley Law Group, PLLC and the user or browser. You should contact Pauley Law Group, PLLC directly at 206-684-9454 to obtain legal advice or legal representation.

Website Design For Financial Services Professionals | Copyright 2018 AdvisorWebsites.com. All rights reserved