Follow @USApostille
![]() Our Videos |
June 7, 23
NEWS / Washington Supreme Court upholds State Capital Gains taxThe Supreme Court of the State of Washington has upheld the legality of the state’s controversial capital gains tax. The tax was originally adopted in 2021, but was challenged by Republicans arguing that it was an income tax, which is prohibited by the state constitution. The Supreme Court argued that the capital gains tax was in fact an excise tax as it was being imposed on the transaction of selling long-term investment property. Only an estimated 7,000 households would be affected by the capital gains tax, as it only applies to the sale or disposal of certain types of intangible and tangible property held for over 1 year. The sale or disposal of real estate is exempted from the capital gains tax. The tax applies only to capital gains exceeding $250,000 per person or household. The tax applies to tax year 2022 and onward. Individuals owing the tax must file an online tax return with the Washington Department of Revenue. The City of Seattle previously tried to implement a city-level income tax, but that tax was struck down as unconstitutional, as it applied to a broader definition of income, rather than a particular transaction. Washington has historically been one of the few states that did not impose any income tax. Businesses have been required to pay a Business & Occupation tax imposed on gross receipts, but individuals have been exempted. The implementation of the Capital Gains tax changes this reality. Apart from Washington, states that do not have an income tax include Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Wyoming, while New Hampshire only taxes interests and dividends in excess of $2,400 per individual ($4,800 per couple). |
Do you need
We do Retrieval, Preparation and Legalization.
Power of attorney
Vital records
Birth certificate
Marriage Certificate
Single Status Affidavit
No Record of a Marriage
Certificate of No Marriage Record
Divorce Certificate
Divorce Decree
Death certificate
Criminal Record
Certificate of good conduct
Criminal Background Check
Foreign Driver License
Documents for transportation of the Deceased
Children's Travel Consent Letter
Evaluation of Foreign Education Credentials for US
Letter of Invitation for USA Visa
Documents for Avoiding Double Taxation
|
TestimonialsJohn BeacleayJust wanted to say thanks again for all your help Anton. I mean it's really amazing to me that yo... As a foreigner, I needed a certified translation, so I called the DOE to give me a list of the ce... |
FAQWHAT IS THE LEGAL AUTHORITY FOR MEMBERS OF THE ARMED SERVICES TO PERFORM NOTARIAL ACTS ABROAD?Read More » What grants are available for starting my business? Read More » What is a certified copy of a corporate document? Read More » What is a Notary Public? Read More » |
Quick MenuDocuments for Avoiding Double Taxationapostille Cape Verde apostille Bulgaria apostille Italy apostille Armenia apostille Grenada apostille Vanuatu apostille Panama apostille Iceland apostille Ghana apostille Nebraska apostille Lithuania apostille Libya apostille Oregon apostille Uganda apostille Puerto Rico |
NewsJuly 9, 25Actor Michael Madsen died from heart failure-death certificate Read More » July 7, 25 US deports Asian and Latin American men with criminal records to South Sudan Read More » July 3, 25 TX woman arrested after convincing pastor to certify fake marriage certificate Read More » July 1, 25 South Carolina woman accused of altering sister’s death certificate to commit insurance fraud Read More » |