Washington Revised Code RCW 43.07.390: Real estate excise tax enforcement — Disclosure of transfer of controlling interest, real property.


    (1) The secretary of state shall adopt rules requiring any entity that is required to file an annual report with the secretary of state, including entities under Titles 23 23B 24 and 25 RCW, to disclose any transfer in the controlling interest of the entity and any interest in real property.

         (2) This information shall be made available to the department of revenue upon request for the purposes of tracking the transfer of the controlling interest in real property and to determine when the real estate excise tax is applicable in such cases.

         (3) For the purposes of this section, "controlling interest" has the same meaning as provided in RCW 82.45.033.

    [2005 c 326 § 2.]