INTERPRETIVE AND POLICY STATEMENT
The Department of Revenue has cancelled the following Excise Tax Advisories effective April 21, 2003.
ETA 064.04.208 Intercompany Loans of Gasoline, Oil, and
Similar Products
ETA 428.04.103.208 Exchange Agreements Involving Inventory
These documents explain the application of the
accommodation sale exemption to intercompany loans/exchange
agreements for fungible products. These documents are being
canceled because this issue is addressed in the latest
revision of WAC 458-20-208 (Exemptions for adjustments of new
motor vehicle inventory between new car dealers and
accommodation sales).
Questions regarding the cancellation of these documents 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.
Alan R. Lynn
Rules Coordinator