Indiana Code 6-4.1-12-5. Compromise agreements concerning tax or interest on delinquency
(b) The department may enter into a compromise agreement under this section only if the department and the attorney general believe that a substantial doubt exists as to:
Terms Used In Indiana Code 6-4.1-12-5
- Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
- Decedent: A deceased person.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
(2) the constitutionality, under either the Indiana or United States Constitutions, of the imposition of the tax;
(3) the correct value of property transferred under a taxable transfer;
(4) the correct amount of tax due;
(5) the collectability of the tax; or
(6) whether the decedent was a resident or a non-resident of this state.
(c) After payment of the inheritance tax agreed to by the parties to a compromise agreement entered into under this section, the issue of the amount of tax to be collected may be reopened only if the agreement was entered into fraudulently.
As added by Acts 1976, P.L.18, SEC.1.