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Washington State Capital Gains Tax

CLIENT ALERT: BUSINESS and TAX LAW
150 150 Karr Tuttle Campbell

Washington Capital Gains Tax Supreme Court of the State of Washington upholds state’s 7% tax on long-term capital gains, starting from January 1, 2022   BACKGROUND. On March 24, 2023, the Supreme Court of the State of Washington issued its opinion in Quinn v. State of Washington, reversing the lower court and upholding the Washington…

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