§4061. Applicability of provisions This chapter applies to the estates of persons who die after June 30, 1986 and before January 1, 2013. [PL 2011, c. 380, Pt. M, §3 (AMD); PL 2011, c. 380, Pt. M, §10 (AFF).] SECTION HISTORY PL 1981, c. 451, §7 (NEW). PL 2011, c. 380, Pt. M, §3 […]
§4062. Definitions As used in this chapter, unless the context indicates otherwise, the following terms have the following meanings. [PL 1981, c. 451, §7 (NEW).] 1. Code. [PL 1987, c. 504, §4 (RP).] 1-A. Federal credit. “Federal credit” has the following meanings: A. For the estates of decedents dying after December 31, 2002, […]
§4063-A. Tax on estate of resident 1. Amount. A tax is imposed upon the transfer of the estate of a person who dies during the calendar year 2002 and who, at the time of death, was a resident of this State. The amount of this tax is equal to the lesser of: A. The […]
§4063. Tax on estate of resident A tax is imposed upon the transfer of the estate of every person who dies on or after January 1, 2002 and who, at the time of death, was a resident of this State. The amount of this tax is equal to the federal credit multiplied by a fraction, […]
§4064-A. Tax on estate of nonresident 1. Amount. A tax is imposed upon the transfer of real property and tangible personal property situated in this State and held by an individual who dies during the calendar year 2002 and who at the time of death was not a resident of this State. When real or […]
§4064. Tax on estate of nonresident A tax is imposed upon the transfer of real property and tangible personal property situated in this State and held by an individual who dies prior to January 1, 2002 or after December 31, 2002 and who at the time of death was not a resident of this State. […]
§4065. Personal representative’s liability for tax 1. Payment of tax. The tax imposed by this chapter shall be paid by the personal representative to the extent of assets subject to his control. The State Tax Assessor may accept payment of estate taxes in works of art in accordance with Title 27, chapter 2, subchapter II. […]
§4066. Discharge of personal representative’s personal liability If the personal representative makes a written application, accompanied by a copy of the final determination of the federal estate tax liability, if any, and other supporting documentation that the State Tax Assessor may require, to the assessor for determination of the amount of the tax and discharge […]
§4067. Records; statements and returns; rules (REPEALED) SECTION HISTORY PL 1981, c. 451, §7 (NEW). PL 1981, c. 706, §27 (RP).
§4068. Tax due date; filing of return and payment of tax 1. Date due. Except as otherwise provided by this chapter, a return required by this section is due 9 months after the date of the decedent’s death and any tax due under this chapter is due at the same time. Interest accrues on any […]
§4069-A. Extension of time for payment of estate tax when estate consists largely of interest in closely held business 1. Deferred payment arrangement. If the Internal Revenue Service has approved a federal estate tax deferral and installment payment arrangement under Section 6166 of the Code, the personal representative may elect a similar deferred payment arrangement […]
§4069. Extension of due date for payment of tax The State Tax Assessor may extend the time for payment of the tax or any part of the tax for a reasonable period of time not to exceed one year from the date fixed for payment and may grant successive extensions. The aggregate of extensions with […]
§4070. Extension of time for filing return 1. General. The State Tax Assessor may grant a reasonable extension of time for filing a return required by this chapter, on terms and conditions the assessor may require, as long as payment reasonably estimating the tax due has been made on or before the original payment due […]
§4071. Effect of federal determination 1. Final federal determination. Except as provided in subsection 1‑A, a final federal determination as to any of the following issues also determines the same issue for purposes of the tax under this chapter: A. The inclusion in the federal gross estate of any item of property or interest […]
§4072. Lien for taxes All property subject to taxes under this chapter, in whatever form of investment it may happen to be, is charged with a lien for all taxes, interest and penalties that are or may become due on that property. The lien does not attach to any property passing by right of survivorship […]
§4073. State Tax Assessor to administer law (REPEALED) SECTION HISTORY PL 1981, c. 451, §7 (NEW). PL 1981, c. 706, §28 (RP).
§4074. Authority of State Tax Assessor The State Tax Assessor shall collect all taxes, interest and penalties provided by chapter 7 and by this chapter and may institute proceedings of any nature necessary or desirable for that purpose, including proceedings for the removal of personal representatives and trustees who have failed to pay the taxes […]
§4075-A. Authority to make refunds 1. Refund. A personal representative or responsible party otherwise liable for the tax imposed by this chapter may request a refund of any tax imposed by this chapter within 3 years from the date the return was filed or 3 years from the date the tax was paid, whichever period […]
§4075. Amount of tax determined The State Tax Assessor shall determine the amount of tax due and payable upon any estate or part of that estate. If, after determination and certification of the full amount of the tax upon an estate or any interest in or part of an estate, the estate receives or becomes […]
§4076. Preparation of forms and making of rules by State Tax Assessor (REPEALED) SECTION HISTORY PL 1981, c. 451, §7 (NEW). PL 1981, c. 706, §30 (RP).
