2012 Delaware Code
Title 30 - State Taxes
CHAPTER 15. ESTATE TAX
§ 1504. Tax on transfers of nonresident estates [Effective July 1, 2013]
(a) Imposition of tax. -- A tax is imposed upon the transfer of the estate of every decedent who at the time of death was a nonresident of this State of that part of the property which is taxable for federal estate tax purposes and which consists of real and tangible personal property situated in this State.
(b) Amount of tax. -- The amount of the tax shall be computed by multiplying the credit allowable under the provisions of the federal estate tax laws for estate, inheritance, legacy and succession taxes paid to any state by a fraction,
(1) The numerator of which is the value of that part of the decedent's taxable estate for federal estate tax purposes consisting of real and tangible personal property located in this State, and
(2) The denominator of which is the value of the decedent's taxable estate for federal estate tax purposes, excluding real and tangible personal property not located in any state.
71 Del. Laws, c. 353, § 21; 77 Del. Laws, c. 85, §§ 4, 10.;
Disclaimer: These codes may not be the most recent version. Delaware may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
