2005 Minnesota Statutes - 291.075 — Special use valuation of qualified property.

     291.075 Special use valuation of qualified property. 


    If, after the final determination of the tax imposed by 
 this chapter, the property valued pursuant to section 2032A of 
 the Internal Revenue Code is disposed of or fails to qualify and 
 an additional tax is imposed pursuant to section 2032A(c), any 
 increase in the credit for state death taxes shall be reported 
 to the commissioner within 90 days after final determination of 
 the increased credit.  Upon notification the commissioner may 
 assess an additional tax in accordance with section 291.03, 
 subdivision 1.  


    HIST: 1979 c 303 art 3 s 10; 1980 c 439 s 13; 1Sp1985 c 14 art 
 13 s 4