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Taxpayers Take a Hit in the Washington Capital Gains Tax Battle

By Larry Brant on November 30, 2022
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By motion dated November 3, 2022, the Washington State Attorney General asked the Supreme Court of the State of Washington to allow the Washington Department of Revenue to implement and collect the capital gains tax struck down as unconstitutional by the Douglas County Superior Court, pending the high court’s ultimate ruling on the matter. 

As previously reported, the tax, which was set to go into effect on January 1, 2022 was struck down by the Douglas County Superior Court as unconstitutional.  The first tax payments under the new tax regime would be due on April 17, 2023.

  • Posted in:
    Tax
  • Blog:
    Larry's Tax Law
  • Organization:
    Foster Garvey PC
  • Article: View Original Source

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