Chapter 3.18
REAL ESTATE SALES EXCISE TAX

Sections:

3.18.010    Imposed —Rate —Disposition.

3.18.010 Imposed—Rate—Disposition.

A.    An excise tax equal to one-quarter of one percent is imposed on all real estate sales in the unincorporated areas of the county pursuant to RCW Chapter 82.46 for capital improvements.

B.    Disposition and distribution of proceeds shall be in accordance with RCW 82.46.030, i.e., the county treasurer shall place one percent of the proceeds of the taxes imposed under RCW 82.46.010 in the county current expense fund to defray costs of collection; the remaining proceeds from the tax shall be placed in county capital improvement funds, thereby creating a capital improvement fund from which money will be available for improvements authorized in RCW 82.46.030. (Res. CE 88-9)