Montana Code Annotated 2013

Clickable Image


     72-16-1006. Duty to claim maximum credit. A person liable for payment of the tax imposed under 72-16-1002 shall claim the maximum federal credit allowable for the portion of the state generation-skipping transfer tax paid with respect to property included in a taxable generation-skipping transfer. A person claiming less than the maximum federal credit allowable is liable for the full amount of the tax imposed under 72-16-1002.

     History: En. Sec. 6, Ch. 273, L. 1991.

Previous Section MCA Contents Part Contents Help Next Section