67-8-213. Receipts and certificates of payment. 67-8-215. Suits for enforcement. 67-8-422. Violations — Penalties. [Not applicable to decedents who die in 2016 or after, see § 67-8-425.] 67-8-506. Reciprocity. [Not applicable to decedents who die in 2016 or after, see § 67-8-507.]
67-8-215. Suits for enforcement. 67-8-422. Violations — Penalties. [Not applicable to decedents who die in 2016 or after, see § 67-8-425.] 67-8-506. Reciprocity. [Not applicable to decedents who die in 2016 or after, see § 67-8-507.]
67-8-422. Violations — Penalties. [Not applicable to decedents who die in 2016 or after, see § 67-8-425.] 67-8-506. Reciprocity. [Not applicable to decedents who die in 2016 or after, see § 67-8-507.]
67-8-506. Reciprocity. [Not applicable to decedents who die in 2016 or after, see § 67-8-507.]
This part shall be known and may be cited as the “Payment of Transfer Taxes in Kind Act.” It is the intent of this part, in appropriate circumstances, to allow the payment of transfer taxes under this chapter by the transfer to the state of unique objects of significant historical or artistic interest, unique sites […]
As used in this part, unless the context otherwise requires: “Department” means the department of revenue; “Donor” means any person responsible for the payment of transfer taxes to the state, including, but not limited to, a personal representative, executor, administrator, individual taxpayer, joint tenant, heir, legatee, devisee, grantee, transferee, trustee, tenant in common, conservator, guardian, […]
Any donor may make application to transfer qualified property to a receiving entity as an in-kind payment of transfer taxes. The donor shall first obtain a written appraisal of the qualified property. The donor shall then notify the receiving entity in writing of the desire to offer the qualified property to the receiving entity. The […]
Upon assumption of title by a receiving entity to property accepted as an in-kind payment, the department shall credit to the donor against the amount of taxes owed the valuation of the qualified property approved in the donor’s application. In no case shall any credit allowed by this part be greater than the amount of […]
The commissioner is authorized to promulgate rules and regulations and to design forms to implement this part.
