82.32.660 - Tax avoidance -- Statutory application. - Washington Statutes

Tax avoidance — Statutory application.

(1)(a) The department may not use RCW 82.32.655 to disregard any transaction or arrangement initiated before May 1, 2010, if, in respect to such transaction or arrangement, the taxpayer had reported its tax liability in conformance with either specific written instructions provided by the department to the taxpayer, a determination published under the authority of RCW 82.32.410, or other document made available by the department to the general public.

     (b) This section does not apply if the transaction or arrangement engaged in by the taxpayer differs materially from the transaction or arrangement that was addressed in the specific written instructions, published determination, or other document made available by the department to the general public.

     (2) RCW 82.32.655 does not apply to any tax periods ending before May 1, 2010, that were included in a completed field audit conducted by the department.

     (3) For purposes of this section, "specific written instructions" means tax reporting instructions provided to a taxpayer and which specifically identify the taxpayer to whom the instructions apply. Specific written instructions may be provided as part of an audit, tax assessment, determination, closing agreement, or in response to a binding ruling request.

[2010 1st sp.s. c 23 § 202.]

Notes: Application -- 2010 1st sp.s. c 23 §§ 201 and 202: See note following RCW 82.32.655.

Effective date -- 2010 1st sp.s. c 23: See note following RCW 82.32.655.

Findings -- Intent -- 2010 1st sp.s. c 23: See notes following RCW 82.04.220.