Special Report: July 2025 Washington Tax Changes
- The Vara Group
- Jul 25
- 1 min read
July 2025 Washington Tax Changes: Key Reforms and CRE Implications
Washington State has enacted major tax changes in July 2025 with implications for commercial real estate owners, investors, and advisors:
🔹 Capital Gains Tax: A progressive tax structure has been enacted, with a new top rate of 9.9%
🔹 Estate Tax: The exemption was raised to $3 million, but a new 35% top rate now makes it the highest in the U.S.
🔹 Sales Tax Expansion: The state’s sales tax base has been extended to include services like IT, software, and staffing
These changes could influence deal structures, long-term planning, and investor location preferences.
