Chapter 82.45 RCW imposes an excise tax on every boundary line adjustment or transfer of ownership for real property or mobile homes located in Washington State. Such transactions require a Real Estate/Mobile Home Excise Tax Affidavit.
If an exemption from excise tax is claimed through the WAC 458-61a series, the minimum processing fee is $10.00. The minimum payment of excise tax for a taxable transaction is $10.00.
Graduated Excise Tax Forms effective January 1, 2020
Effective January 1, 2020, sales of real property located in Washington are subject to a graduated real estate excise tax (REET) rate. The graduated state REET rates replace the previous flat state REET rate.
Local tax portion is .25%, except inside the city limits of Woodland. Woodland City, tax code 900, has a local tax portion of .50%. All affidavits have a processing fee of $5.00.
The following state REET rates will apply effective January 1, 2020: