These documents are currently being revised to incorporate the changes made during the 2024 Legislative Session. Please consult the Sections Affected Table for changes made during the 2024 Legislative Session.
Improvements not defined as contract rent taxable under Title 84 RCW.
Notwithstanding any other provision of this chapter, RCW
84.36.451 and
84.40.175, improvements owned or being acquired by contract purchase or otherwise by any lessee or sublessee which are not defined as contract rent shall be taxable to such lessee or sublessee under Title
84 RCW at their full true and fair value without any deduction for interests held by the lessor or others.