Washington State Capital Gains Tax Issues for Family Businesses
By EsqSocial Corporation 20/05/21
Beginning January 1, 2022, Washington state will impose a 7 percent capital gains tax on annual long-term capital gains that exceed a $250,000 annual threshold. Individuals subject to the tax are Washington state residents, as well as nonresidents who sell tangible personal property located in Washington at the time of the sale....
By: Davis Wright Tremaine LLP