2006 Nebraska Revised Statutes - § 77-2010 — Inheritance tax; when due; interest.

Section 77-2010
Inheritance tax; when due; interest.

All taxes imposed by sections 77-2001 to 77-2037, unless otherwise herein provided for, shall be due and payable twelve months after the date of the death of the decedent, and interest at the rate specified in section 45-104.01, as such rate may from time to time be adjusted by the Legislature, shall be charged and collected on any unpaid taxes due from the date the same became payable, and in all cases where the personal representatives or trustees do not pay such tax within twelve months from the death of the decedent, they shall be required to give bond in the form and to the effect prescribed in section 77-2009 for the payment of the tax together with interest.

Source:

Laws 1901, c. 54, § 3, p. 416

Laws 1911, c. 107, § 1, p. 386

R.S.1913, § 6624

C.S.1922, § 6155

C.S.1929, § 77-2203

R.S.1943, § 77-2010

Laws 1951, c. 267, § 5, p. 901

Laws 1976, LB 585, § 10

Laws 1978, LB 650, § 29

Laws 1981, LB 167, § 48

Annotations:

Delay caused by litigation does not excuse county judge from assessing tax as of date of death. County of Keith v. Triska, 168 Neb. 1, 95 N.W.2d 350 (1959).

Delay caused by litigation does not furnish basis for refusal to charge interest. State ex rel. Nebraska State Bar Assn. v. Richards, 165 Neb. 80, 84 N.W.2d 136 (1957).

Interest is required on inheritance tax unless paid within one year, notwithstanding pendency of appeal. In re Fort's Estate, 117 Neb. 854, 223 N.W. 633 (1929).

Where legatees neglect to pay tax within prescribed time, interest runs from date of death. In re Estate of Sanford, 90 Neb. 410, 133 N.W. 870 (1911).

~Reissue Revised Statutes of Nebraska