RCW 82.48A.010 — Luxury aircraft tax. (Effective April 1, 2026.)

*** CHANGE IN 2026 *** (SEE 2711-S.SL) ***

1. (1)

   1. (a) In addition to taxes required under chapters 82.08, 82.12, and 82.48 RCW, there is levied and collected an additional 10 percent luxury aircraft tax on the sale of a noncommercial aircraft if:

      1. (i) The selling price of the noncommercial aircraft plus trade-in property of like kind for purchased aircraft exceeds $500,000; or
      2. (ii) In the case of a lease requiring periodic payments, the fair market value of the noncommercial aircraft exceeds $500,000 at the inception of the lease.
   2. (b) The additional tax imposed in this subsection only applies to the portion of the selling price in excess of $500,000, or in the case of a lease requiring periodic payments, the fair market value of the noncommercial aircraft in excess of $500,000 at the inception of the lease.

2. (2) For purposes of this section, "noncommercial aircraft" means any aircraft as defined in RCW 82.48.010, but does not include:

   1. (a) Aircraft exempt from taxes under RCW 82.48.100; and
   2. (b) "Commercial airplane" as defined in RCW 82.32.550.

[ 2025 c 417 s 207.]

Notes:

Effective date—2025 c 417 ss 207-211: "Sections 207 through 211 of this act take effect April 1, 2026." [ 2025 c 417 s 1408.]

Tax preference performance statement exemption—Automatic expiration date exemption—2025 c 417 ss 203, 204, 207, and 208: See note following RCW 82.08.817.

Findings—Intent—2025 c 417: See note following RCW 82.38.030.