Connecticut General Statutes
Chapter 216 - Succession and Transfer Taxes
Section 12-380. - Commissioner may compromise tax.

Connecticut General Statutes

Title 12 - Taxation

Chapter 216 - Succession and Transfer Taxes

Section 12-340. - Tax on transfers of property. Sunset of chapter.

Section 12-341. - Taxable transfers by persons dying on and after July 1, 1959, and prior to July 1, 1963.

Section 12-341a. - Effective date.

Section 12-341b. - Taxable transfers by persons dying on and after July 1, 1963.

Section 12-341c. - Effective date.

Section 12-342. - Life, accident and war risk insurance.

Section 12-343. - Jointly-owned property.

Section 12-344. - Rates.

Section 12-344a. - Additional amount added to tax.

Section 12-344b. - Applicable rates.

Section 12-345. - Revocable trusts.

Section 12-345a. - Taxation of property transferred by exercise or nonexercise of a power of appointment.

Section 12-345b. - Taxation of property transferred by exercise or nonexercise of power of appointment: Definitions.

Section 12-345c. - Taxable transfer made, when.

Section 12-345d. - Lapse of power.

Section 12-345e. - Tax liability for transfer of property subject to general power of appointment.

Section 12-345f. - Power created on or before October 21, 1942.

Section 12-346. - Transfers to executors and trustees in lieu of commissions.

Section 12-347. - Exemptions.

Section 12-348. - Declaration by officer of corporation or other entity claiming exemption.

Section 12-349. - Gross taxable estate.

Section 12-349a. - Effective date.

Section 12-350. - Net estate of resident transferors; deductions.

Section 12-351. - Administration expenses not deductible.

Section 12-352. - Net estate of nonresident transferor; deductions.

Section 12-353. - Life estates; annuities.

Section 12-354. - Estate which may be divested.

Section 12-355. - Compounding of tax. Contingent remainders.

Section 12-356. - Determination of value of contingent interest by Insurance Commissioner.

Section 12-357. - Supervision by commissioner.

Section 12-358. - Reports by clerks of probate courts. Certified copies of wills and papers.

Section 12-359. - Reports of representatives of transferors.

Section 12-360 to 12-362. - U.S. money, bonds and bank accounts: Reports as to ante mortem transfers dispensed with; inventory and appraisal not required. Waiver of returns, reports, inventories and appraisals.

Section 12-363. - Jointly-owned real property; certificate of tax payment.

Section 12-364. - Certificate of release of lien. Regulations.

Section 12-365. - Administration on taxable transfer.

Section 12-366. - Lien for taxes. Regulations.

Section 12-367. - Computation and assessment of tax; objections thereto. Refund of overpayment. When amendment to return not required.

Section 12-368. - Waiver of hearing on computation of tax.

Section 12-369. - Action for quieting title to property.

Section 12-370. - Forms. Reciprocal exchange of information.

Section 12-371. - Estates of nonresident decedents; cooperation with other states.

Section 12-372. - Authority to compromise or arbitrate dispute as to decedent's domicile.

Section 12-373. - Agreement of compromise to fix amount of tax.

Section 12-374. - Determination of domicile by arbitration.

Section 12-375. - Tax due at death.

Section 12-376. - Payment. Interest. Extensions.

Section 12-376a. - Waiver of interest on tax on certain transfers.

Section 12-376b. - Optional payment in installments up to ten years when interest in closely held business exceeds thirty-five per cent of gross estate.

Section 12-376c. - Extension of time for payment when estate consists primarily of works of art of the decedent.

Section 12-376d. - Tax credit for the value of a work of art accepted by the state from the estate of a deceased artist whose net taxable estate is subject to tax under this chapter.

Section 12-377. - Temporary payments.

Section 12-378. - Opinion of no tax due by probate court. Receipts and certificates.

Section 12-379. - Computation and payment by fiduciary.

Section 12-380. - Commissioner may compromise tax.

Section 12-381. - Enforcement against personal property.

Section 12-382. - Transfers prohibited prior to commissioner's written consent. Exception in case of certain payments to a beneficiary under retirement plans or contracts and transfers to a surviving spouse.

Section 12-383. - Penalty for false return or affidavit.

Section 12-384. - Liability of representatives of estates and transferees.

Section 12-385. - Enforcement by sale of property.

Section 12-386. - Legacy charged on real property.

Section 12-387. - Abatement.

Section 12-387a. - Out-of-state action to collect succession tax; local tax.

Section 12-387b. - Reciprocity.

Section 12-387c. - “Tax” to include interest and penalties.

Section 12-388. - Certain refunds to estates subject to additional succession tax.

Section 12-389. - Appointment of attorneys to represent the Commissioner of Revenue Services.

Section 12-390. - Applicability of this chapter. Continuance in force of former statutes.