Succession and Transfer Taxes
Section 12-340 - Sec. 12-340. Tax on Transfers of Property. Sunset of Chapter.Section 12-341 - Sec. 12-341. Taxable Transfers by Persons Dying on and After July 1, 1959, and Prior to July 1, 1963.Section 12-341a - Sec. 12-341a. Effective Date.Section 12-341b - Sec. 12-341b. Taxable Transfers by Persons Dying on and After July 1, 1963.Section 12-341c - Sec. 12-341c. Effective Date.Section 12-342 - Sec. 12-342. Life, Accident and War Risk Insurance.Section 12-343 - Sec. 12-343. Jointly-owned Property.Section 12-344 - Sec. 12-344. Rates.Section 12-344a - Sec. 12-344a. Additional Amount Added to Tax.Section 12-344b - Sec. 12-344b. Applicable Rates.Section 12-345 - Sec. 12-345. Revocable Trusts.Section 12-345a - Sec. 12-345a. Taxation of Property Transferred by Exercise or Nonexercise of a Power of Appointment.Section 12-345b - Sec. 12-345b. Taxation of Property Transferred by Exercise or Nonexercise of Power of Appointment: Definitions.Section 12-345c - Sec. 12-345c. Taxable Transfer Made, When.Section 12-345d - Sec. 12-345d. Lapse of Power.Section 12-345e - Sec. 12-345e. Tax Liability for Transfer of Property Subject to General Power of Appointment.Section 12-345f - Sec. 12-345f. Power Created on or Before October 21, 1942.Section 12-346 - Sec. 12-346. Transfers to Executors and Trustees in Lieu of Commissions.Section 12-347 - Sec. 12-347. Exemptions.Section 12-348 - Sec. 12-348. Declaration by Officer of Corporation or Other Entity Claiming Exemption.Section 12-349 - Sec. 12-349. Gross Taxable Estate.Section 12-349a - Sec. 12-349a. Effective Date.Section 12-350 - Sec. 12-350. Net Estate of Resident Transferors; Deductions.Section 12-351 - Sec. 12-351. Administration Expenses Not Deductible.Section 12-352 - Sec. 12-352. Net Estate of Nonresident Transferor; Deductions.Section 12-353 - Sec. 12-353. Life Estates; Annuities.Section 12-354 - Sec. 12-354. Estate Which May Be Divested.Section 12-355 - Sec. 12-355. Compounding of Tax. Contingent Remainders.Section 12-356 - Sec. 12-356. Determination of Value of Contingent Interest by Insurance Commissioner.Section 12-357 - Sec. 12-357. Supervision by Commissioner.Section 12-358 - Sec. 12-358. Reports by Clerks of Probate Courts. Certified Copies of Wills and Papers.Section 12-359 - Sec. 12-359. Reports of Representatives of Transferors.Section 12-363 - Sec. 12-363. Jointly-owned Real Property; Certificate of Tax Payment.Section 12-364 - Sec. 12-364. Certificate of Release of Lien. Regulations.Section 12-365 - Sec. 12-365. Administration on Taxable Transfer.Section 12-366 - Sec. 12-366. Lien for Taxes. Regulations.Section 12-367 - Sec. 12-367. Computation and Assessment of Tax; Objections Thereto. Refund of Overpayment. When Amendment to Return Not Required.Section 12-368 - Sec. 12-368. Waiver of Hearing on Computation of Tax.Section 12-369 - Sec. 12-369. Action for Quieting Title to Property.Section 12-370 - Sec. 12-370. Forms. Reciprocal Exchange of Information.Section 12-371 - Sec. 12-371. Estates of Nonresident Decedents; Cooperation With Other States.Section 12-372 - Sec. 12-372. Authority to Compromise or Arbitrate Dispute as to Decedent's Domicile.Section 12-373 - Sec. 12-373. Agreement of Compromise to Fix Amount of Tax.Section 12-374 - Sec. 12-374. Determination of Domicile by Arbitration.Section 12-375 - Sec. 12-375. Tax Due at Death.Section 12-376 - Sec. 12-376. Payment. Interest. Extensions.Section 12-376a - Sec. 12-376a. Waiver of Interest on Tax on Certain Transfers.Section 12-376b - Sec. 12-376b. Optional Payment in Installments up to Ten Years When Interest in Closely Held Business Exceeds Thirty-five Per Cent of Gross Estate.Section 12-376c - Sec. 12-376c. Extension of Time for Payment When Estate Consists Primarily of Works of Art of the Decedent.Section 12-376d - Sec. 12-376d. Tax Credit for the Value of a Work of Art Accepted by the State From the Estate of a Deceased Artist Whose Net Taxable Estate Is Subject to Tax Under This Chapter.Section 12-377 - Sec. 12-377. Temporary Payments.Section 12-378 - Sec. 12-378. Opinion of No Tax Due by Probate Court. Receipts and Certificates.Section 12-379 - Sec. 12-379. Computation and Payment by Fiduciary.Section 12-380 - Sec. 12-380. Commissioner May Compromise Tax.Section 12-381 - Sec. 12-381. Enforcement Against Personal Property.Section 12-382 - Sec. 12-382. Transfers Prohibited Prior to Commissioner's Written Consent. Exception in Case of Certain Payments to a Beneficiary Under Retirement Plans or Contracts and Transfers to a Surviving Spouse.Section 12-383 - Sec. 12-383. Penalty for False Return or Affidavit.Section 12-384 - Sec. 12-384. Liability of Representatives of Estates and Transferees.Section 12-385 - Sec. 12-385. Enforcement by Sale of Property.Section 12-386 - Sec. 12-386. Legacy Charged on Real Property.Section 12-387 - Sec. 12-387. Abatement.Section 12-387a - Sec. 12-387a. Out-of-state Action to Collect Succession Tax; Local Tax.Section 12-387b - Sec. 12-387b. Reciprocity.Section 12-387c - Sec. 12-387c. “tax” to Include Interest and Penalties.Section 12-388 - Sec. 12-388. Certain Refunds to Estates Subject to Additional Succession Tax.Section 12-389 - Sec. 12-389. Appointment of Attorneys to Represent the Commissioner of Revenue Services.Section 12-390 - Sec. 12-390. Applicability of This Chapter. Continuance in Force of Former Statutes.