DEPARTMENT OF REVENUE
[Filed May 12, 2021, 10:19 a.m.]
INTERPRETIVE STATEMENT ISSUED
The department of revenue has issued the following excise tax advisory (ETA):
ETA 3224.2021 Taxability of Shared Loss Payments from FDIC
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.
Tax Policy Manager