Estate Tax Law

Alaska · Revenue and Taxation · §§ 43.31.011 to 43.31.430 · 39 sections

Overview

This act imposes a tax on the transfer of property at death and on generation-skipping transfers, with separate treatment for the estates of resident decedents, nonresident decedents, and alien decedents, and with the decedent's domicile determining which set of rules applies. Administration rests with the state revenue department, which may adopt rules, appoint agents and special appraisers, examine books and records, determine deficiencies — including those following from changes to the corresponding federal tax — and hold hearings on them. It also establishes the compliance machinery: returns and certificates of nonliability, due dates, extensions, interest and penalties, a lien for unpaid tax, personal liability of the personal representative and a bar on discharge until the tax is paid, enforcement by warrant, suit, or sale of estate property, time limits on assessment, refunds of overpayments, and penalties for failing to file, filing falsely, or evading the tax.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.

Sections covered

AS 43.31.011Tax upon estates of resident decedents
AS 43.31.021Tax upon estates of nonresident decedents
AS 43.31.031Tax upon estates of alien decedents
AS 43.31.041Administration by Department of Revenue
AS 43.31.051Examination of books, papers, records, etc
AS 43.31.061Appointment, bonds and credentials of agents
AS 43.31.071Regulations
AS 43.31.081Information confidential. [Repealed, § 3 ch 166 SLA 1976. For current law, see AS 43.05.230.]
AS 43.31.091Actions by or against department
AS 43.31.101Special appraisers. [Repealed, § 56 ch 32 SLA 1971.]
AS 43.31.111Notice of death or tax return
AS 43.31.121Tax return in certain cases
AS 43.31.131Failure to make return and extension
AS 43.31.141When tax due, extension and interest
AS 43.31.151Notice of deficiency in federal estate tax
AS 43.31.161Deficiency, hearing, and procedure. [Repealed, § 3 ch 166 SLA 1976. For taxpayer remedies, see AS 43.05.240.]
AS 43.31.171Civil penalties. [Repealed, § 45 ch 113 SLA 1980. For current law, see AS 43.05.220.]
AS 43.31.181Receipts for taxes
AS 43.31.191Failure to pay tax
AS 43.31.201Tax payable from entire estates and third persons
AS 43.31.211Lien for unpaid taxes. [Repealed, § 4 ch 94 SLA 1976. For current law, see AS 43.10.035(a).]
AS 43.31.221Personal liability of executor
AS 43.31.230Sale of real estate by executor to pay tax
AS 43.31.240Actions to enforce payment
AS 43.31.250No discharge of executor until tax paid
AS 43.31.260Agreements as to tax due
AS 43.31.270Time for assessment of tax. [Repealed, § 4 ch 94 SLA 1976. For current law, see AS 43.05.260.]
AS 43.31.280Refunds of excess tax paid
AS 43.31.290Superior court judge to furnish names of decedents
AS 43.31.300Corporate executors of nonresident decedents
AS 43.31.310Prima facie liability for tax
AS 43.31.320Discharge of estate; notice of lien, limitation, etc
AS 43.31.330Disposition of proceeds
AS 43.31.340Interpretation and construction
AS 43.31.350Failure to produce records
AS 43.31.400Effectiveness of chapter
AS 43.31.410Exemptions
AS 43.31.420Definitions
AS 43.31.430Short title

Enacted in other states

Arkansas, Colorado, Florida, Tennessee

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