Revised Code of Washington
Chapter 82.45 - Excise Tax on Real Estate Sales.
82.45.195 - Exemptions—Standing timber sales.

RCW 82.45.195
Exemptions—Standing timber sales.

A sale of standing timber is exempt from tax under this chapter if the gross income from such sale is taxable under RCW 82.04.260(12)(d).

[ 2014 c 97 § 308; 2010 1st sp.s. c 23 § 518; 2007 c 48 § 7.]
NOTES:

Effective date—2010 1st sp.s. c 23: See note following RCW 82.04.4292.


Findings—Intent—2010 1st sp.s. c 23: See notes following RCW 82.04.220.


Effective date—2007 c 48: See note following RCW 82.04.260.

Structure Revised Code of Washington

Revised Code of Washington

Title 82 - Excise Taxes

Chapter 82.45 - Excise Tax on Real Estate Sales.

82.45.010 - "Sale" defined.

82.45.020 - "Seller" defined.

82.45.030 - "Selling price," "total consideration paid or contracted to be paid," defined.

82.45.032 - Additional definitions.

82.45.033 - "Controlling interest" defined.

82.45.035 - Determining selling price of leases with option to purchase—Mining property—Payment, security when selling price not separately stated.

82.45.060 - Tax on sale of property.

82.45.065 - Tax preferences—Expiration dates.

82.45.070 - Tax is lien on property—Enforcement.

82.45.080 - Tax is seller's obligation—Choice of remedies.

82.45.090 - Payment of tax and fee—Evidence of payment—Recording—Sale of beneficial interest.

82.45.100 - Tax payable at time of sale—Interest, penalties on unpaid or delinquent taxes—Notice—Prohibition on certain assessments or refunds—Deposit of penalties.

82.45.105 - Single-family residential property, tax credit when subsequent transfer of within nine months for like property.

82.45.150 - Applicability of general administrative provisions—Departmental rules, scope—Real estate excise tax affidavit form—Departmental audit.

82.45.180 - Disposition of proceeds.

82.45.190 - Exemptions—State route No. 16 corridor transportation systems and facilities.

82.45.195 - Exemptions—Standing timber sales.

82.45.197 - Exemptions—Inheritance—Documents required.

82.45.210 - State assistance for county electronic processing and reporting of taxes—Grant program.

82.45.220 - Failure to report transfer of controlling interest.

82.45.230 - Accounts into which tax is deposited.

82.45.235 - Tax treatment—Transactions structured to reduce or avoid tax.

82.45.900 - Chapter 82.46 RCW ordinances in effect on July 1, 1993—Application under chapter 82.45 RCW.