Sec. 41.
Upon payment of the tax under this act, the department shall issue to the personal representative receipts in triplicate, each of which is sufficient evidence of payment and entitles the personal representative to be credited and allowed that amount by the probate court having jurisdiction. If the personal representative files a complete return and makes a written application to the department for determination of the amount of the tax and discharge from personal liability for the tax, the department as soon as possible, but not later than 1 year after receipt of the application, shall notify the personal representative of the amount of the tax. Upon payment of the tax, the personal representative is discharged from personal liability for any additional tax found to be due and is entitled to receive from the department a receipt in writing showing the discharge. The department shall prepare the discharge of liability receipt in a form recordable by the register of deeds. However, a discharge does not operate to release the gross estate of the lien of any additional tax subsequently found to be due while the title to the gross estate remains in the personal representative or in the heirs, devisees, or distributees. If after a discharge is given the title to any portion of the gross estate has passed to a bona fide purchaser for value, that portion of the gross estate is not subject to a lien or any claim or demand for the tax.
History: Add. 1993, Act 54, Imd. Eff. June 3, 1993 ;-- Am. 1998, Act 277, Imd. Eff. July 27, 1998 Popular Name: Inheritance Tax
Structure Michigan Compiled Laws
Act 188 of 1899 - Michigan Estate Tax Act (205.201 - 205.256)
188-1899-DEFINITIONS. - Definitions. (205.221...205.256)
Section 205.221 - Definitions.
Section 205.223 - Applicability of Sections.
Section 205.231 - Short Title.
Section 205.232 - Tax on Transfer of Estate of Residents and Nonresidents.
Section 205.233 - Tax on Generation-Skipping Transfer for Residents and Nonresidents.
Section 205.234 - Notification as Personal Representative; Waiver of Notice.
Section 205.235 - Filing Return; Waiver; Extension of Time for Filing.
Section 205.236 - Transfer Taxes; Payment; Extension; Interest and Penalties.
Section 205.239 - Assessment of Additional Tax Interest or Penalty.
Section 205.240 - Calculation of Penalties and Interest; Accrual of Interest on Refunds.
Section 205.242 - Apportionment of Tax.
Section 205.245 - Personal Representative; Rights and Powers.
Section 205.247 - Final Account.
Section 205.248 - Probate Court; Notice of Certain Information to Department.
Section 205.249 - Corporation as Personal Representative; Powers and Duties.
Section 205.250 - Certificate of Nonliability.
Section 205.251 - Discharge of Liability.
Section 205.252 - Disposition of Taxes and Fees.
Section 205.253 - Tax on Personal Property.