Additional real estate excise tax.
Seattle Mun. Code § 5.64.100
in effect5.64.100 - Additional real estate excise tax.
In accordance with RCW 82.46.035, and in addition to the excise tax on sale of real property imposed by Sections 5.64.010 and 5.64.020, there is hereby imposed an excise tax on each sale of real property located within the corporate limits of The City of Seattle at the rate of 0.25 percent of the selling price to be collected by the County as prescribed in RCW 82.46.060. Proceeds from this additional tax shall be deposited in the REET II Capital Projects Fund and expended as authorized by law, solely for financing capital projects specified in a capital facilities plan element of a comprehensive plan.
(Ord. 125492, § 22, 2017; Ord. 116497, § 4, 1992; Ord. 115932, § 1, 1991.)
Source: City of Seattle, Seattle Municipal Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/wa/seattle/codes/municipal_code?nodeId=TIT5REFITA_SUBTITLE_IITA_CH5.64TASAREES_5.64.100ADREESEXTAFetched: 11/1/2026
