Exemptions—Standing timber sales.

A sale of standing timber is exempt from tax under this chapter if the gross income from such sale is taxable under RCW 82.04.260(12)(d).[ 2014 c 97 s 308; 2010 1st sp.s. c 23 s 518; 2007 c 48 s 7.]Notes:Effective date—2010 1st sp.s. c 23: See note following RCW 82.04.4292.Findings—Intent—2010 1st sp.s. c 23: See notes following RCW 82.04.220.Effective date—2007 c 48: See note following RCW 82.04.260.