WSR 01-11-103

INTERPRETIVE STATEMENT

DEPARTMENT OF REVENUE


[ Filed May 21, 2001, 3:02 p.m. ]


Cancellation of interpretive 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 Excise Tax Advisory effective May 17, 2001.

     ETA 572.04.169 Grants received by nonprofit or governmental entities: This document explains the department's position regarding the taxation of grants received by nonprofit or governmental entities from governmental or private sources. It explains that the B&O tax deduction available for bona fide contributions and donations is not lost if the person making the gift requires some accountability for how the gift is used as a condition of receiving the gift. While this information is correct, it is no longer needed. The latest revision of WAC 458-20-169 Nonprofit organizations, effective May 17, 2001, sufficiently addresses this subject.

     Questions regarding the cancellation of this advisory 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.

Claire Hesselholt

Policy Counsel

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