Benefits Alert: Massachusetts Department of Revenue Issues (Its First) Same Sex Marriage Guidance: Assessing the Impact on Employee Benefit Plans
8/1/2004
On July 8, 2004, the Massachusetts Department of Revenue (DOR) issued its first-and much welcomed-guidance on the subject of same-sex marriages. Entitled "Massachusetts Tax Issues Associated with Same-Sex Marriage," Technical Information Release 14-17 (the "TIR") covers a range of income, gift and estate tax issues. The TIR recognizes that Federal law does not permit same-sex marriage, and it goes on to describe how taxpayers should comply with particular requirements of Massachusetts law that diverge from the corresponding Federal standards.
