RCW 82.48A.010 — Luxury aircraft tax

(Effective April 1, 2026.) *** CHANGE IN 2026 *** (SEE 2711-S.SL ) *** (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: (i) The selling price of the noncommercial aircraft plus trade-in property of like kind for purchased aircraft exceeds $500,000; or (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. (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) For purposes of this section, "noncommercial aircraft" means any aircraft as defined in RCW 82.48.010 , but does not include: (a) Aircraft exempt from taxes under RCW 82.48.100 ; and (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 .