WSR 21-11-033

INTERPRETIVE STATEMENT

DEPARTMENT OF REVENUE

[Filed May 12, 2021, 10:19 a.m.]

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

This ETA addresses the taxation of shared loss payments received by a bank from the Federal Deposit Insurance Corporation (FDIC).

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

Atif Aziz

Tax Policy Manager

Rules Coordinator