Washington State

Office of the Attorney General

Attorney General

Bob Ferguson

AGO 1954 NO. 309 > Sep 1 1954

1. In a lease in which the University of Washington is lessor and a private individual is lessee, the leasehold interest is taxable to the lessee. 2. A provision allowing deduction of taxes against the leasehold interest from future rental payments does not prevent the leasehold interest from being held taxable.