State Revenue Department to send out estate-tax refunds worth $13 million

Staff writerJune 12, 2013 

With no legal fix immediately in the offing for Washington state’s estate tax, the Department of Revenue is moving ahead and issuing $13 million worth of refunds – plus interest – starting Thursday. The refunds are necessary under a 2012 Supreme Court ruling that in effect left an exemption for certain married couples’ estates. The agency had been waiting for the Legislature to plug the loophole but can wait no longer, and additional refunds are expected in the coming weeks while waiting for lawmakers to act.

Read more here: http://blog.thenewstribune.com/politicsblog/2013/06/12/state-revenue-dept-to-send-out-10-estate-tax-refunds-worth-13-million-starting-thursday/

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