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.
RCW 82.29A.160
Improvements not defined as contract rent taxable under Title 84 RCW.
Applied in 2 court decisions — leading case 102 Wash. 2d 249 - Duwamish Warehouse Co. v. Hoppe (1984)
Most recently applied in 77 Wash. App. 669 - Washington Mutual Savings Bank v. Department of Revenue (May 1995)
1986 c 251 s 1; 1975-'76 2nd ex.s. c 61 s 18.
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.