State and Local Taxation—County-Imposed Real Estate Sales Tax—Applicabilty to Corporate Transfers in Dissolution

Authors

Gordon G. Conger

Abstract

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.

First Page

219

Recommended Citation

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. 219 (1962).
Available at: https://digitalcommons.law.uw.edu/wlr/vol37/iss2/17