§ 67-8-503. Agreement by States. [Not Applicable to Decedents Who Die in 2016 or After, See § 67-8-507.]
In any case in which an election is made as provided in § 67-8-502 and not rejected, the commissioner may enter into a written agreement with the other taxing officials involved and with the executors, to accept a certain sum in full payment of any inheritance tax, together with interest and penalties, that may be […]
§ 67-8-504. Arbitration. [Not Applicable to Decedents Who Die in 2016 or After, See § 67-8-507.]
If in any such case it appears that an agreement cannot be reached as provided in § 67-8-503, or if one (1) year shall have elapsed from the date of the election without such an agreement having been reached, the domicile of the decedent at the time of death shall be determined solely for inheritance […]
§ 67-8-505. [reserved.]
This part shall apply only in cases in which each of the states involved has in effect a law substantially similar to this part.
§ 67-8-507. Applicability of Part to Decedents Who Die in 2016 or Later. [Not Applicable to Decedents Who Die in 2016 or After, See § 67-8-507.]
This part does not apply in the case of any decedent who died in 2016 or in any subsequent year.
§ 67-8-420. Receipts and Certificates of Payment. [Not Applicable to Decedents Who Die in 2016 or After, See § 67-8-425.]
Upon the payment of the whole tax imposed against an estate under this part and part 3 of this chapter, the commissioner shall issue receipt therefor in duplicate to the representative of the estate, one (1) copy of which shall be filed in the office of the clerk of the court in which such estate […]
§ 67-8-411. Appraisal of Estate by Commissioner. [Not Applicable to Decedents Who Die in 2016 or After, See § 67-8-425.]
Upon receipt of such return from the executor, administrator or trustee, the commissioner shall proceed to make an appraisal of the various items of the gross estate and to investigate deductions claimed by such representative of the estate. In making the appraisal, the commissioner shall direct the commissioner’s deputies, agents or assistants to investigate the […]
§ 67-8-412. Basis of Appraisal. [Not Applicable to Decedents Who Die in 2016 or After, See § 67-8-425.]
All property, real and personal, shall be appraised at its full and true value at the date of the death of the decedent; provided, that stocks and bonds listed on recognized exchanges shall be appraised by ascertaining their quoted value on the date of death of the decedent or on the nearest business day of […]
§ 67-8-413. Nonresident’s Estate — Determination by Commissioner. [Not Applicable to Decedents Who Die in 2016 or After, See § 67-8-425.]
In the absence of administration in this state upon the estate of a nonresident decedent, the commissioner may, at the request of any representative of such state, duly appointed and qualified in the state of decedent’s domicile, or at the request of any beneficiary of such estate, or at the request of a transferee or […]
§ 67-8-414. Liens. [Not Applicable to Decedents Who Die in 2016 or After, See § 67-8-425.]
Upon the issuance by the state of a receipt to an administrator or executor who has paid the tax imposed by parts 3-5 of this chapter, the administrator or executor shall be subrogated to any lien or right to proceed against any transferred property in the hands of a transferee, donee, or bona fide purchaser […]
§ 67-8-415. Collection of Tax — Reports by Commissioner. [Not Applicable to Decedents Who Die in 2016 or After, See § 67-8-425.]
The commissioner shall collect the tax imposed by this part and part 3 of this chapter and deposit the tax in such depository, or depositories, as the commissioner may select, which shall have executed and filed with the commissioner a bond in an amount fixed by the commissioner, signed by an approved surety company authorized […]