Excise Number Affidavit For Free

Excise taxes are taxes that are imposed on various goods, services and activities. Such taxes may be imposed on the manufacturer, retailer or consumer, depending on the specific tax.

Exception: Agricultural land/timberland is excluded from the new rate structure and will continue to have a state REET rate of 1.28%....Graduated REET Structure. Sale price thresholdsTax rate$500,000 or less1.10%$500,000.01 - $1,500,0001.28%$1,500,000.01 - $3,000,0002.75%$3,000,000.01 or more3%

In addition to the RTA sales taxes, there is an RTA motor vehicle excise tax (MVET) imposed with new or renewed vehicle registrations.

Excise taxes can be used to price an externality or discourage consumption of a product that imposes costs on others. They can also be employed as a user fee to generate revenue from people who use particular government services, revenue which should be used to maintain that government service.

The primary function of these duties and levies is to ensure a constant stream of revenue for the State, with a secondary function of discouraging consumption of certain harmful products; i.e. harmful to human health or to the environment.

In general, an excise tax is a tax is imposed on the sale of specific goods or services, or on certain uses. Federal excise tax is usually imposed on the sale of things like fuel, airline tickets, heavy trucks and highway tractors, indoor tanning, tires, tobacco and other goods and services.

Washington State Vehicle Sales Tax on Car Purchases According to the Sales Tax Handbook, a 6.5 percent sales tax rate is collected by Washington State. On top of that is a 0.3 percent lease/vehicle sales tax.