The Controlling Interest Real Estate Excise Tax Affidavit is the Real Estate Excise Tax (REET) return, issued by the Washington State Department of Revenue, for reporting transfers of controlling interest and for buyer disclosure. Thurston County lists it among the Treasurer's online forms, next to the single-location, multiple-location and mobile home REET affidavits. It applies when the thing transferred is an interest in an entity, not a deed or real estate contract. On this page you can fill out the form online on FillingPDF and download or print the completed PDF; the Department of Revenue receives the return by mail.
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What is REV 84 0001Be?
The Controlling Interest Real Estate Excise Tax Affidavit, printed on the form as the Real Estate Excise Tax Affidavit Controlling Interest Transfer Return, is the Washington State Department of Revenue form used to report transfers of controlling interest in an entity and for buyer disclosure to the department.
The form is issued under Chapter 82.45 RCW and chapter 458-61A WAC. In a controlling interest transfer the measure of tax is the "selling price," which the form defines as the true and fair value of the real property the entity owns at the time the controlling interest is transferred (WAC 458-61A-101). True and fair value means market value.
The return collects the transferors and transferees with the percentage of the entity sold and purchased, the entity whose ownership was transferred and its type (corporation, partnership, trust or limited liability company), the entities affected by the transfer, a parcel-by-parcel local REET calculation, the state REET calculation, and a tax computation with the date of transfer and any exemption code. Both sides certify the return under penalty of perjury.
This is not the form for transfers made by deed or real estate contract. The form directs those transfers to Form No. 84-0001A, reported to the county treasurer/recorder of the county where the property is located. Thurston County publishes this return on its Treasurer's online forms page, together with its other REET affidavits.
Who needs to file REV 84 0001Be?
The transferors and transferees in a transfer of controlling interest in an entity that owns real property use this return. The form says it must be used for reporting transfers of controlling interest and for buyer disclosure to the Department of Revenue.
- Transferors: each individual or entity transferring an interest, with the percentage of the entity sold.
- Transferees: each individual or entity receiving an interest, with the percentage purchased.
- Signers: both the transferor(s) and the transferee(s), or the agent of each, must sign the affidavit certifying the information is accurate.
If there are several transferors, transferees or transferred entities, the form tells you to attach a list rather than add them to the form.
Do not use this form to report a transfer by deed or real estate contract. For those, the form points to Form No. 84-0001A, filed with the county treasurer/recorder of the county in which the real property is located.
When to file REV 84 0001Be
File the return when the interest in the entity transfers: the form states that tax is due at the time of transfer, and Section 7 asks for the date of transfer. If the tax is not paid within one month of that date, interest and penalties apply. The interest rate is variable and is published on the Department of Revenue website at dor.wa.gov/REET. Delinquent penalties increase at one month, two months and three months after the due date (RCW 82.45.100).
The department's ability to assess tax or issue a refund generally ends four years after the date of sale. The form lists exceptions: fraud or misrepresentation of a material fact, a failure to record documentation of a sale or otherwise report it to the county treasurer, and a failure of the transferor or transferee to report the sale under RCW 82.45.090(2). Keep the documentation that supports the selling price or any exemption claimed for at least four years from the date of sale.
Documents you need
- A list of all transferors with the percentage sold, attached when there is more than one transferor.
- A list of all transferees with the percentage bought, attached when there is more than one transferee.
- A list identifying each entity and the parcels it owns, attached when more than one entity was transferred; list all parcels in Section 5.
- A list of all subsidiaries and affected entities with their addresses and relationships, plus the assessed value of the real property they own in Washington (Section 4).
- A spreadsheet showing additional real property information, attached if the parcels do not fit in Section 5.
- The predominate use worksheet, completed when the transfer involves multiple parcels and some are classified as timber or agriculture and some are not.
- Documentation required by the applicable WAC when an exemption is claimed; it must be kept to support the exemption in an audit, and the form says to refer to the WAC for what that is.
How to fill out REV 84 0001Be
Enter the transferor information
In Section 1, enter the name, street, city, state and ZIP, Tax Registration Number, Federal Identifier Number and Percent of Entity Ownership Sold. Attach a list for multiple transferors, including the percentage sold.
Enter the transferee information
In Section 2, enter the same details for the party receiving the interest, with Percent of Entity Ownership Purchased. Attach a list for multiple transferees, including the percentage bought.
Identify the entity transferred
In Section 3, enter the name, address, Tax Registration Number and Federal Identifier Number of the entity whose ownership was transferred, and check one type: Corporation, Partnership, Trust or Limited Liability Company. For multiple entities, attach a list identifying each entity and its parcels.
Attach the affected entities list
For Section 4, attach a list of the names, addresses and relationships of all entities affected by the transfer. The instructions also ask for the assessed value of the real property those entities own in Washington.
List parcels and local REET
In Section 5, select the location and enter the tax parcel number and true and fair value for each parcel, including leasehold interest. In the fillable PDF the rate, local tax and totals calculate automatically.
Answer the timber or agriculture question
In Section 6, check Yes or No on whether the property is predominately used for timber or agriculture and will stay in that use. If multiple parcels have different classifications, complete the predominate use worksheet.
Check the state REET calculation
Confirm that the Total True & Fair Value carries over from the Section 5 total, and review the state excise tax lines, including the agricultural and timberland line, and the Total Excise Tax: State.
Enter the date and any exemption
In Section 7, enter the date of transfer. If you claim an exemption, enter its Title and Code number; a valid code makes the Total Due zero.
Review the tax computation
Check State REET Tax, Local REET Tax, Total REET Tax, Delinquent Interest, Delinquent Penalty and TOTAL DUE for consistency with Sections 5 and 6.
Sign the affidavits
Each side completes the Affidavit block: signature of Transferor/Agent and of Transferee/Agent, printed name, date and place of signing, and telephone number.
Review and download the PDF
Check names, percentages, parcel numbers and values, then download or print the completed PDF from FillingPDF. Assemble the attached lists and mail the package as described under How to submit.
How to submit REV 84 0001Be
The form gives one filing channel: mail the completed return to the Washington State Department of Revenue.
- By mail: Washington State Department of Revenue, Audit Division/REET, PO Box 47474, Olympia, WA 98504-7474.
Include every list or spreadsheet the form calls for, such as lists of multiple transferors, transferees or entities, the list of affected entities, and any additional real property information. Both parties, or their agents, must have signed.
The form does not direct this return to the county treasurer. Transfers by deed or real estate contract use Form No. 84-0001A and go to the county treasurer/recorder instead.
Two other contacts appear on the form. For tax assistance, or to request the document in an alternate format, call 360-705-6705; TTY users may use the Washington Relay Service by calling 711. To ask for a written predetermination of your tax liability, go to dor.wa.gov/rulings or fax the request to 360-705-6655. FillingPDF lets you fill out and download the PDF; submission follows the channel above.
Common mistakes to avoid
- Using this return for a transfer made by deed or real estate contract, which the form sends to Form No. 84-0001A and the county treasurer/recorder.
- Having only one side sign: both the transferor(s) and the transferee(s), or the agent of each, must sign the affidavit.
- Listing multiple transferors, transferees or entities on the form without attaching the required list with percentages sold or bought.
- Typing over the calculated blanks in Section 5 of the fillable PDF; enter only the location, parcel number and true and fair value of each parcel.
- Reporting a price other than true and fair value, which is the measure of tax for a controlling interest transfer.
- Leaving out leasehold interests in Section 5, which asks for all real property, including leasehold interest, in which the entity has an interest.
- Not completing the predominate use worksheet when parcels have mixed timber or agriculture and other classifications.
- Paying more than one month after the date of transfer, when interest and penalties begin to apply.
- Entering an exemption code without keeping the documentation; taxpayers must support any exemption for at least four years.
Frequently asked questions
What is the Controlling Interest Real Estate Excise Tax Affidavit?
It is the Washington State Department of Revenue return for reporting transfers of controlling interest in an entity and for buyer disclosure to the department. It calculates the state and local real estate excise tax on the real property the entity owns when the controlling interest transfers.
Is this the same as the regular REET affidavit for a deed sale?
No. The form says transfers by deed or real estate contract are reported on Form No. 84-0001A to the county treasurer/recorder where the property is located. This return is for controlling interest transfers and goes to the Department of Revenue.
Who has to sign the controlling interest affidavit?
Both the transferor(s) and the transferee(s), or the agent of each, must sign the affidavit certifying that the information is true and correct. The affidavit is made under penalty of perjury under Washington law.
Where do I mail the controlling interest REET affidavit?
Mail it to the Washington State Department of Revenue, Audit Division/REET, PO Box 47474, Olympia, WA 98504-7474. The form names no county office as the filing location for this return.
When is the tax due on a controlling interest transfer?
Tax is due at the time of transfer. If it is not paid within one month of the date of transfer, interest and penalties apply, and the penalties increase at one, two and three months after the due date.
Do I need to attach a list to this form?
Yes, in several cases. Attach lists for multiple transferors, transferees or entities, a list of affected entities with addresses and relationships, and a spreadsheet if Section 5 lacks room. Mixed timber or agriculture parcels also need the predominate use worksheet.
What do I enter in Section 5 of the fillable PDF?
Enter only the location, the parcel number and the true and fair value of each parcel. The instructions say the other blanks in that section calculate automatically. Rates are found in the Local Real Estate Excise Tax Rates publication on the Department of Revenue website.
Can I fill out this form online on FillingPDF?
Yes. You can fill out the PDF online on FillingPDF and download or print it. FillingPDF is independent, is not affiliated with Thurston County or the Department of Revenue, and does not file the return; you mail it to the department.
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