DEPARTMENT OF REVENUE
[Filed March 3, 2020, 3:57 p.m., effective April 3, 2020]
Effective Date of Rule: Thirty-one days after filing.
Purpose: The department of revenue intends to repeal WAC 458-57-015 and 458-57-017.
WAC 458-57-015 applies to deaths occurring on or before May 16, 2005. It has been fifteen years since the rule was applicable and has been replaced with WAC 458-57-105 through 458-57-165.
There is no longer statutory authority for WAC 458-57-017. The generation-skipping transfer tax was repealed effective May 17, 2005. If the taxable termination or distribution is the result of a death that occurred on or after May 17, 2005, there is no Washington generation-skipping transfer tax.
Citation of Rules Affected by this Order: Repealing WAC 458-57-015 and 458-57-017.
Adopted under notice filed as WSR 19-24-107 on December 4, 2019.
Number of Sections Adopted in Order to Comply with Federal Statute: New 0, Amended 0, Repealed 0; Federal Rules or Standards: New 0, Amended 0, Repealed 0; or Recently Enacted State Statutes: New 0, Amended 0, Repealed 0.
Number of Sections Adopted at the Request of a Nongovernmental Entity: New 0, Amended 0, Repealed 0.
Number of Sections Adopted on the Agency's own Initiative: New 0, Amended 0, Repealed 2.
Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, Amended 0, Repealed 0.
Number of Sections Adopted using Negotiated Rule Making: New 0, Amended 0, Repealed 0; Pilot Rule Making: New 0, Amended 0, Repealed 0; or Other Alternative Rule Making: New 0, Amended 0, Repealed 0.
Date Adopted: March 3, 2020.
The following sections of the Washington Administrative Code are repealed:
Valuation of property, property subject to estate tax, how to calculate the tax.
Property subject to generation-skipping transfer tax, how to calculate the tax, allocation of generation-skipping transfer exemption.