Kansas Statutes 40-2802. Same; tax in lieu of ad valorem levies
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Kansas Statutes 40-2802
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
The tax levied under the provisions of this act shall be in lieu of ad valorem taxes which might otherwise be imposed by the state or political subdivisions thereof upon shares of capital stock and other intangible assets owned by such company.