National NewsNews

Tax Exemption Found Unavailable for Gay Couples

PROVIDENCE, R.I. – Rhode Islanders are learning that the state’s recently passed civil-union law allowing gay couples an exemption from the estate tax provided to married couples is not delivering as promised.

The tax, which applies when an estate exceeds $859,350, but not when an estate is passed on to a surviving spouse, is closely tied to federal law that defines marriage as a legal union between a man and a woman.

The Providence Journal reports that gay-rights advocates are surprised.

Karen L. Loewy, a lawyer for the Gay & Lesbian Advocates and Defenders, said her Boston-based organization had the impression, based on discussions with officials in the administration of Gov. Lincoln Chafee that the new law would be interpreted broadly.

Newsroom

The Associated Press is an American multinational nonprofit news agency headquartered in New York City.

Leave a Review or Comment

Back to top button