Extending the reasoning in Deer Park Pine Indus., Inc. v. Stevens County, Doric Co. v. King County holds that a distribution of a dissolved corporation's sole asset to its sole shareholder, who does not assume an existing debt of the corporation, is not a sale within the meaning of RCW 28.45.050, which authorizes counties to levy a tax on the sale of real estate.
Gordon G. Conger,
Washington Case Law,
State and Local Taxation—County-Imposed Real Estate Sales Tax—Applicabilty to Corporate Transfers in Dissolution,
37 Wash. L. Rev.
Available at: https://digitalcommons.law.uw.edu/wlr/vol37/iss2/17