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2019 Connecticut General Statutes
Title 12 - Taxation
Chapter 216* - Succession and Transfer Taxes
PART I
TRANSFERS TAXABLE
RATES. EXEMPTIONS. DEDUCTIONS
ADMINISTRATION
PAYMENT OF TAXES
ENFORCEMENT OF TAX
MISCELLANEOUS PROVISIONS
TRANSFERS TAXABLE
- Section 12-340 - Tax on transfers of property. Sunset of chapter.
- Section 12-341 - Taxable transfers by persons dying on and after July 1, 1959, and prior to July 1, 1963.
- Section 12-341a - Effective date.
- Section 12-341b - Taxable transfers by persons dying on and after July 1, 1963.
- Section 12-341c - Effective date.
- Section 12-342 - Life, accident and war risk insurance.
- Section 12-343 - Jointly-owned property.
RATES. EXEMPTIONS. DEDUCTIONS
- Section 12-344 - Rates.
- Section 12-344a - Additional amount added to tax.
- Section 12-344b - Applicable rates.
- Section 12-345 - Revocable trusts.
- Section 12-345a - Taxation of property transferred by exercise or nonexercise of a power of appointment.
- Section 12-345b - Taxation of property transferred by exercise or nonexercise of power of appointment: Definitions.
- Section 12-345c - Taxable transfer made, when.
- Section 12-345d - Lapse of power.
- Section 12-345e - Tax liability for transfer of property subject to general power of appointment.
- Section 12-345f - Power created on or before October 21, 1942.
- Section 12-346 - Transfers to executors and trustees in lieu of commissions.
- Section 12-347 - Exemptions.
- Section 12-348 - Declaration by officer of corporation or other entity claiming exemption.
- Section 12-349 - Gross taxable estate.
- Section 12-349a - Effective date.
- Section 12-350 - Net estate of resident transferors; deductions.
- Section 12-351 - Administration expenses not deductible.
- Section 12-352 - Net estate of nonresident transferor; deductions.
- Section 12-353 - Life estates; annuities.
- Section 12-354 - Estate which may be divested.
- Section 12-355 - Compounding of tax. Contingent remainders.
- Section 12-356 - Determination of value of contingent interest by Insurance Commissioner.
ADMINISTRATION
- Section 12-357 - Supervision by commissioner.
- Section 12-358 - Reports by clerks of probate courts. Certified copies of wills and papers.
- Section 12-359 - Reports of representatives of transferors.
- Section 12-360 to 12-362 - U.S. money, bonds and bank accounts: Reports as to ante mortem transfers dispensed with; inventory and appraisal not required. Waiver of returns, reports, inventories and appraisals.
- Section 12-363 - Jointly-owned real property; certificate of tax payment.
- Section 12-364 - Certificate of release of lien. Regulations.
- Section 12-365 - Administration on taxable transfer.
- Section 12-366 - Lien for taxes. Regulations.
- Section 12-367 - Computation and assessment of tax; objections thereto. Refund of overpayment. When amendment to return not required.
- Section 12-368 - Waiver of hearing on computation of tax.
- Section 12-369 - Action for quieting title to property.
- Section 12-370 - Forms. Reciprocal exchange of information.
- Section 12-371 - Estates of nonresident decedents; cooperation with other states.
- Section 12-372 - Authority to compromise or arbitrate dispute as to decedent's domicile.
- Section 12-373 - Agreement of compromise to fix amount of tax.
- Section 12-374 - Determination of domicile by arbitration.
PAYMENT OF TAXES
- Section 12-375 - Tax due at death.
- Section 12-376 - Payment. Interest. Extensions.
- Section 12-376a - Waiver of interest on tax on certain transfers.
- Section 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 - Extension of time for payment when estate consists primarily of works of art of the decedent.
- Section 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 - Temporary payments.
- Section 12-378 - Opinion of no tax due by probate court. Receipts and certificates.
- Section 12-379 - Computation and payment by fiduciary.
- Section 12-380 - Commissioner may compromise tax.
ENFORCEMENT OF TAX
- Section 12-381 - Enforcement against personal property.
- Section 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 - Penalty for false return or affidavit.
- Section 12-384 - Liability of representatives of estates and transferees.
- Section 12-385 - Enforcement by sale of property.
- Section 12-386 - Legacy charged on real property.
- Section 12-387 - Abatement.
- Section 12-387a - Out-of-state action to collect succession tax; local tax.
- Section 12-387b - Reciprocity.
- Section 12-387c - “Tax” to include interest and penalties.
MISCELLANEOUS PROVISIONS
*Succession tax law constitutional. 76 C. 235. Nature of tax. 76 C. 621; 77 C. 649; 92 C. 103, 504; 93 C. 657; 96 C. 365. Law in force when irrevocable trust deed is executed and delivered controls rather than law coming into effect after establishment of trust before settlor's death. 97 C. 408. Cited. 115 C. 141; 125 C. 681; 126 C. 139; 136 C. 141.
Cited. 41 CS 469.
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