Sears, Roebuck & Co. v. King County

At 12 noon on January 1st of every year, all personal property in the state of Washington is subject to assessment and taxation, excepting such as is exempted *274from taxation by law.1 RCW 84.36.171, et seq.2 (repealed by Laws of 1969, Ex. Ses., ch. 124, § 6, p. 944), the statutes *275applicable in 1966, the tax year in question, exempted from taxation in-transit property defined in RCW 84.36.171 as property in the January 1st inventory that was obtained out of state and would be shipped out of state by December 31st (prior to the 1963 amendment, the statute set the date of April 30th), of the same…