KirklandStyle Update: Excise Tax Changes in 2020

As you may have heard, excise tax rates are changing next year.

Currently, the Washington state excise tax is 1.28%. Local municipalities add their excise tax on top of the state tax, with most cities in our area adding 0.50%, to total 1.78%. 

Effective January 1, 2020, Washington state will begin calculating real estate excise taxes based on a tier system:

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May 31, 2019