AG asks Washington Supreme Court to allow capital gains collection

Nov 10, 2022
Written by WR Communications

Although Washington state’s capital gains tax has been ruled unconstitutional by the Douglas County Superior Court, the state attorney general is petitioning the Washington Supreme Court to allow its collection anyway, pending appeal.

The Washington State Supreme Court will hold an en banc admin conference on Nov 29 to consider the Attorney General’s stay motion to allow DOR to collect the capital gains income tax will take effect April 1, 2023.

The Washington Retail Association board of directors has voted unanimously to support the efforts to repeal this unconstitutional law.

Read the entire article on The Center Square


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