§ 44-23.1-6. No apportionment between temporary and remainder interests.
No interest in income and no estate for years or for life or other temporary interest in any property or fund is subject to apportionment as between the temporary interest and the remainder. The tax on the temporary interest and the tax, if any, on the remainder is chargeable against the corpus of the property or funds subject to the temporary interest and remainder.
History of Section.P.L. 1971, ch. 155, § 1.
Structure Rhode Island General Laws
Chapter 44-23.1 - Uniform Estate Tax Apportionment
Section 44-23.1-1. - Definitions.
Section 44-23.1-2. - Apportionment.
Section 44-23.1-3. - Procedure for determining apportionment.
Section 44-23.1-4. - Method of proration.
Section 44-23.1-5. - Allowance for exemptions, deductions, and credits.
Section 44-23.1-6. - No apportionment between temporary and remainder interests.
Section 44-23.1-7. - Exoneration of fiduciary.
Section 44-23.1-8. - Action by nonresident, reciprocity.
Section 44-23.1-9. - Uniformity of interpretation.
Section 44-23.1-10. - Short title.