WSR 02-14-129

INTERPRETIVE OR POLICY STATEMENT

DEPARTMENT OF REVENUE


[ Filed July 2, 2002, 3:13 p.m. ]


CANCELLATION OF INTERPRETIVE AND/OR POLICY STATEMENT


This announcement of the cancellation of this interpretive statement is being published in the Washington State Register pursuant to the requirements of RCW 34.05.230(4).

The Department of Revenue has cancelled the following Interim Audit Guideline effective June 30, 2002.

IAG 04. Taxability of investment income: The purpose of this document is to provide guidance regarding the application of the business and occupation (B&O) tax deduction provided in RCW 82.04.4281 for investment income of persons other than those engaging in "banking, loan, security, or other financial business." This document is being cancelled because the information is out-of-date. It fails to recognize that chapter 150, Laws of 2002 (HB 2641), made substantial changes to RCW 82.04.4281.

Questions regarding the cancellation of this document may be directed to Alan R. Lynn, Legislation and Policy, P.O. Box 47467, Olympia, WA 98504-7467, phone (360) 570-6125, fax (360) 664-0693, Internet alanl@dor.wa.gov.

Alan R. Lynn

Rules Coordinator

Washington State Code Reviser's Office