Code of Alabama - Title 40: Revenue and Taxation - Chapter 15 - Estate and Inheritance Tax

• Section 40-15-1 Meaning of "executor," "administrator" or "legal representative"
  The terms "executor," "administrator" and "legal representative," used interchangeably in this chapter, shall be held to mean the executor or administrator or trustee or legal...
• Section 40-15-2 Amount of tax
  Subject to the exception hereinafter stated, there is hereby levied and imposed upon all net estates passing by will, devise or under the intestate laws...
• Section 40-15-3 Duplicate of federal return filed by executor; computation by Department of Revenue
  It is hereby made the duty of the executor of the estate of any person who has died a resident of Alabama and upon which...
• Section 40-15-4 Time of payment and filing return; extension of time
  The tax imposed by this chapter shall be paid and the return required by Section 40-15-3 shall be filed on or before nine months after...
• Section 40-15-5 Amended return showing change in federal tax
  In the event that the federal authorities shall, after the filing of the return with the Department of Revenue, increase or decrease the amount of...
• Section 40-15-7 Nonresident decedents
  (a) Except as herein otherwise provided, all of the provisions of this chapter shall be applicable to so much of the estates of nonresident decedents...
• Section 40-15-8 Location of property for purposes of death taxation
  Moneys, credits, securities and other intangible personal property within the state not employed in carrying on any business therein by the owner shall be deemed...
• Section 40-15-9 Reciprocity; effect of unconstitutionality of section
  This chapter shall be effective only as to the property of residents of states which grant to property of residents of Alabama a similar exemption...
• Section 40-15-12 Disposition of proceeds
  Such amount of money as shall be appropriated for each fiscal year by the Legislature to the Department of Revenue with which to pay the...
• Section 40-15-13 Lien of state; affidavit by personal representative of estate
  (a) The State of Alabama shall have a lien for all taxes and interest thereon which are or may become due hereunder on all property...
• Section 40-15-14 Extension of payment until determination of federal tax
  The tax hereby levied, being based and conditioned upon the levy of a similar tax by the United States, in the event that after due...
• Section 40-15-15 Assessment of tax due
  Where appropriate returns are made and information supplied by the legal representative of any estate subject to the tax imposed hereby, the Department of Revenue...
• Section 40-15-17 Property outside of state
  In the event that the estate of any decedent taxable hereunder shall include property situated outside of the state, the proportion of the federal estate...
• Section 40-15-18 State and federal estate taxes to be paid out of estate property
  Unless the decedent directs otherwise in his or her will, all estate taxes, whether state or federal, payable by reason of the death of the...
• Section 40-15-19 Administration of chapter
  The administration of this chapter is vested in and shall be exercised by the Department of Revenue, which shall prescribe the forms and reasonable rules...

Last modified: May 3, 2021