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WAC 219 Patronage dividends of cooperative associations, not deductible. Repealed November 10, 1992.
SOURCE DOCUMENT DETER. NO DATE OF ISSUE DESCRIPTION
       
WAC: 458-20-219   02/23/1989 Patronage dividends of cooperative associations, not deductible.Effective 4/1/89. Repealed November 10, 1992.Persons previously referring to WAC 458-20-219 should in the future refer to the Department of Revenue's ETA 300 and 323.
         
       
RCW: NONE      
         
       
ETA:        
         
         
       
INDUSTRY GUIDES:      
         
       
SPECIAL NOTICES:      
         
       
DIRECTIVE:      
         
       
RPM:      
         
       
WTD: 7 WTD 333 89-253   B&O TAXES -- SERVICE TAX -- PATRONAGE DIVIDENDS -- FINANCIAL BUSINESS. Patronage dividends received from a co-operative buying association are deemed to be income derived from investments. Where the taxpayer's activity that generated the dividends did not constitute a financial business, the taxpayer was entitled to a statutory deduction from B&O taxes under RCW 82.04.4281.
  7 WTD 333 89-253   THIS DETERMINATION HAS BEEN OVERRULED OR MODIFIED IN WHOLE OR PART BY DET.NO. 93-269ER,
14 WTD 153 (1995).
         
       
OTHER: