2016 Idaho Statutes
Title 14 - ESTATES OF DECEDENTS
Chapter 4 - ESTATE AND TRANSFER TAX
Section 14-406 - DATE PAYMENT DUE -- DATE DEEMED RECEIVED -- INTEREST.

14-406. Date payment due -- Date deemed received -- Interest. (1) Any tax due under this chapter shall be paid by the personal representative to the commission on or before the date the return for the taxes is required to be filed under section 14-405, Idaho Code.

(2) For the purposes of this chapter, a return or payment delivered to the commission by United States mail shall be considered to have been received by the commission on the date of the United States postmark stamped on the cover in which the payment or the request for release of nonliability is mailed, if the postmark date is within the time allowed for filing the return or making the payment, including any extensions.

(3) The commission, for good cause shown, may extend the time for payment of the tax due under this chapter beyond the date of payment provided for in subsection (1) of this section, but no extension for payment of this tax may be granted in excess of fourteen (14) years from the date the tax was due.

(4) Any tax due under this chapter which is not paid by the time prescribed for the filing of the return as provided in section 14-405, Idaho Code, not including any extensions in respect to the filing of the return or the payment of the tax, shall bear interest at the rate provided for in section 63-3045, Idaho Code, from the date any tax is due until paid.

History:

[14-406, added 1988, ch. 300, sec. 2, p. 952.]