WSR 19-14-041

INTERPRETIVE STATEMENT

DEPARTMENT OF REVENUE

[Filed June 27, 2019, 7:23 a.m.]

Interpretive Statement Issued

The department of revenue has issued the following excise tax advisory (ETA):

ETA 3214.2019 – B&O Tax Exemption for Amounts Received by a Financial Institution from Affiliates

This ETA explains when income a financial institution receives from its affiliates may be exempt from the business and occupation tax.

A copy of this document is available via the internet at Rule and Tax Advisory Adoptions and Repeals.

Kevin Dixon

Program Manager