Washington State

Office of the Attorney General

Attorney General

Bob Ferguson

AGO 1955 NO. 29 > Feb 21 1955

The excise tax on real estate sales applies to a transfer of real property by nominees for an undisclosed principal to a corporation, which is not the undisclosed principal, for consideration; but not to a transfer from such nominees to the corporation, which is the undisclosed principal, where no consideration is paid or delivered for the transfer.The excise tax on real estate applies to the transfer of real property to a corporation after it is formed, by nominees, who were subscribers for stock in the corporation to be formed and who purchased the real property after their subscription and before the corporation is formed.