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Section 12-340. - Tax on transfers of property. Sunset of chapter. - (a) The provisions of this chapter shall apply only to...
Section 12-341. - Taxable transfers by persons dying on and after July 1, 1959, and prior to July 1, 1963. - The transfers enumerated in section 12-340 shall be taxable if...
Section 12-341a. - Effective date. - Section 12-341 shall apply to the estates of persons dying...
Section 12-341b. - Taxable transfers by persons dying on and after July 1, 1963. - The transfers enumerated in section 12-340 shall be taxable if...
Section 12-341c. - Effective date. - Section 12-341b shall take effect July 1, 1963, and shall...
Section 12-342. - Life, accident and war risk insurance. - The provisions of sections 12-341 and 12-341b shall not apply...
Section 12-343. - Jointly-owned property. - Whenever property is held in the joint names of two...
Section 12-344. - Rates. - (a) The tax imposed under the provisions of this chapter...
Section 12-344a. - Additional amount added to tax. - (a) To the tax imposed by the provisions of this...
Section 12-344b. - Applicable rates. - The provisions of section 12-344 shall apply to the estates...
Section 12-345. - Revocable trusts. - A transfer of property by deed of trust wherein the...
Section 12-345a. - Taxation of property transferred by exercise or nonexercise of a power of appointment. - Section 12-345a is repealed, effective May 24, 1972, and retroactive...
Section 12-345b. - Taxation of property transferred by exercise or nonexercise of power of appointment: Definitions. - As used in sections 12-345b to 12-345f, inclusive, the term...
Section 12-345c. - Taxable transfer made, when. - For purposes of the tax imposed by this chapter, a...
Section 12-345d. - Lapse of power. - The lapse of a general power of appointment created after...
Section 12-345e. - Tax liability for transfer of property subject to general power of appointment. - Nothing contained in sections 12-345b to 12-345e, inclusive, shall be...
Section 12-345f. - Power created on or before October 21, 1942. - For purposes of sections 12-345b to 12-345d, inclusive, a power...
Section 12-346. - Transfers to executors and trustees in lieu of commissions. - If property is transferred to executors or trustees in lieu...
Section 12-347. - Exemptions. - (a) There shall be exempt from the tax imposed by...
Section 12-348. - Declaration by officer of corporation or other entity claiming exemption. - The Commissioner of Revenue services may require, from any corporation,...
Section 12-349. - Gross taxable estate. - (a) All property in estate valued at fair market value,...
Section 12-349a. - Effective date. - Section 12-349 shall take effect July 1, 1961, and shall...
Section 12-350. - Net estate of resident transferors; deductions. - In the case of the estate of a resident transferor,...
Section 12-351. - Administration expenses not deductible. - The following expenses of administration shall not be allowable deductions:...
Section 12-352. - Net estate of nonresident transferor; deductions. - In the case of the estate of a nonresident transferor,...
Section 12-353. - Life estates; annuities. - The value of each future, contingent or limited estate, income...
Section 12-354. - Estate which may be divested. - When an estate or interest may be divested by the...
Section 12-355. - Compounding of tax. Contingent remainders. - (a) If it is impossible to compute the present value...
Section 12-356. - Determination of value of contingent interest by Insurance Commissioner. - The Insurance Commissioner shall, whenever possible, without fee, on the...
Section 12-357. - Supervision by commissioner. - The commissioner shall have full supervision of the enforcement of...
Section 12-358. - Reports by clerks of probate courts. Certified copies of wills and papers. - Clerks of probate courts shall report monthly to the Commissioner...
Section 12-359. - Reports of representatives of transferors. - (a) Succession tax returns and amendments thereto. Except as herein...
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. - Sections 12-360 to 12-362, inclusive, are repealed, effective January 1,...
Section 12-363. - Jointly-owned real property; certificate of tax payment. - When any person owning an interest in real property in...
Section 12-364. - Certificate of release of lien. Regulations. - Any person shall, if the Commissioner of Revenue Services finds,...
Section 12-365. - Administration on taxable transfer. - (a) If no person applies for administration within thirty days...
Section 12-366. - Lien for taxes. Regulations. - The tax herein imposed shall be a lien in favor...
Section 12-367. - Computation and assessment of tax; objections thereto. Refund of overpayment. When amendment to return not required. - (a) The tax imposed by the provisions of this chapter...
Section 12-368. - Waiver of hearing on computation of tax. - Section 12-368 is repealed, effective January 1, 1972, and applicable...
Section 12-369. - Action for quieting title to property. - Actions may be brought against the state by any interested...
Section 12-370. - Forms. Reciprocal exchange of information. - The commissioner shall have power to prescribe such forms as...
Section 12-371. - Estates of nonresident decedents; cooperation with other states. - Death taxes”, as used in this section, shall include inheritance,...
Section 12-372. - Authority to compromise or arbitrate dispute as to decedent's domicile. - When the Commissioner of Revenue Services claims that a decedent...
Section 12-373. - Agreement of compromise to fix amount of tax. - An agreement of compromise made pursuant to section 12-372 shall...
Section 12-374. - Determination of domicile by arbitration. - A board of arbitration selected pursuant to an agreement of...
Section 12-375. - Tax due at death. - The tax imposed by this chapter shall be due at...
Section 12-376. - Payment. Interest. Extensions. - Each tax imposed by the provisions of this chapter, which...
Section 12-376a. - Waiver of interest on tax on certain transfers. - Whenever any transfer of property is reported and a tax...
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. - (a) Whenever the value of an interest in a closely...
Section 12-376c. - Extension of time for payment when estate consists primarily of works of art of the decedent. - (a) Whenever the net taxable estate of any decedent, hereinafter...
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. - (a) There shall be allowed a credit against any tax...
Section 12-377. - Temporary payments. - Temporary payments of taxes may be made at any time...
Section 12-378. - Opinion of no tax due by probate court. Receipts and certificates. - (a) In each case in which the judge of the...
Section 12-379. - Computation and payment by fiduciary. - Notwithstanding the provisions of section 12-378, an executor or administrator,...
Section 12-380. - Commissioner may compromise tax. - In any case in which the computation of the tax...
Section 12-381. - Enforcement against personal property. - In case of any taxable transfer when no administration has...
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 12-382 is repealed, effective July 1, 2001. (1949 Rev.,...
Section 12-383. - Penalty for false return or affidavit. - Any person who makes a false return or affidavit, in...
Section 12-384. - Liability of representatives of estates and transferees. - Administrators, executors and trustees of estates and transferees shall be...
Section 12-385. - Enforcement by sale of property. - In the absence of a provision in the will charging...
Section 12-386. - Legacy charged on real property. - If a legacy subject to the tax imposed by this...
Section 12-387. - Abatement. - Section 12-387 is repealed, effective April 13, 1995. (1949, S....
Section 12-387a. - Out-of-state action to collect succession tax; local tax. - At the request of the Commissioner of Revenue Services, the...
Section 12-387b. - Reciprocity. - The courts shall recognize and enforce liabilities for taxes similar...
Section 12-387c. - “Tax” to include interest and penalties. - For the purposes of sections 12-387a and 12-387b, the words...
Section 12-388. - Certain refunds to estates subject to additional succession tax. - The transfer to the legatees, devisees or beneficiaries of the...
Section 12-389. - Appointment of attorneys to represent the Commissioner of Revenue Services. - (a) The commissioner shall appoint a First Assistant Commissioner of...
Section 12-390. - Applicability of this chapter. Continuance in force of former statutes. - The provisions of this chapter shall apply to all taxable...