New Formula for Real Estate Excise Tax

The Washington State legislature is changing the way real estate excise taxes are calculated. Currently the WA state rate is 1.28 percent, with most cities adding .50 percent for a total of 1.78 percent. The new formula will take effect Jan 1, 2020.

Posted on December 16, 2019 at 12:59 pm
Julie Billett | Category: Real Estate Market, Real Estate Stats | Tagged ,

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