Sec. 6. (a) The department of state revenue shall distribute inheritance taxes collected as the result of the death of a resident decedent as follows:
(1) The department shall retain ninety-two percent (92%) of the taxes collected for deposit in the state general fund.
(2) The department shall retain any interest or penalties collected by the department for deposit in the state general fund.
(3) Subject to subsection (b), the department shall distribute eight percent (8%) of the taxes collected to the county treasurer of the county in which the resident decedent lived at the time of the resident decedent's death for deposit in the county general fund.
(b) In a county having a consolidated city, the amount due the county under this section shall be transferred to the general fund of the consolidated city.
As added by Acts 1976, P.L.18, SEC.1. Amended by Acts 1980, P.L.57, SEC.24; Acts 1981, P.L.11, SEC.33; P.L.86-1995, SEC.8; P.L.190-2016, SEC.26; P.L.79-2017, SEC.43.
Structure Indiana Code
Chapter 9. General Inheritance Tax Collection Provisions
6-4.1-9-1. Due Date for Taxes; Interest on Delinquent Portion; Unavoidable Delays
6-4.1-9-1.5. Due Date for Taxes When Petition for Redetermination of Inheritance Taxes Filed
6-4.1-9-3. Inheritance Tax Due as Result of Non-Resident Decedent's Death; Book Showing Tax Due
6-4.1-9-4. Tax Payments Resulting From Non-Resident Decedent's Death; Monthly Reports
6-4.1-9-5. Collection and Payment of Taxes
6-4.1-9-11. Action for Failure to Pay Inheritance Tax; Payment of Tax After Prosecution
6-4.1-9-12. Appointment of Resident or Special Administrator for Non-Resident Decedent's Estate