WSR 11-11-057

INTERPRETIVE STATEMENT

DEPARTMENT OF REVENUE


[ Filed May 13, 2011, 1:56 p.m. ]


INTERPRETIVE STATEMENTS ISSUED


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

     ETA 3161.2011 Apportionment of Income by Stockbrokers and Security Houses. This ETA explains how stockbrokers and security houses should apportion their income for B&O tax purposes. It discusses when and under what circumstances single factor receipts formula, cost apportionment, and the "60/40 convention" methods of apportionment apply.

     A copy of this document is available via the internet at Recent Rule and Interpretive Statements, Adoptions, and Repeals.

Alan R. Lynn

Rules Coordinator

© Washington State Code Reviser's Office