CHAPTER 2. Imposition of the Tax [16710. - 16734.]

Chapter 2 added by Stats. 1977, Ch. 1079.

§§ 16710–16734 · 9 sections

1. ARTICLE 1. Tax Imposed § 16710 · 1 section

   • § 16710 (a) A tax is hereby imposed upon every generation-skipping transfer in an amount equal to the amount allowable as a credit for state generation-skipping…
2. ARTICLE 2. Returns §§ 16720–16722 · 3 sections

   • § 16720 Every person required to file a return reporting a generation skipping transfer under applicable federal statute and regulations shall file a return with the…
   • § 16721 The return shall contain such information and be in such form as the Controller may prescribe and shall state the amount of tax due under the provisions of…
   • § 16722 If, after the filing of a duplicate return, the federal authorities shall increase or decrease the amount of the federal generation skipping transfer tax, an…
3. ARTICLE 3. Deficiency Determination §§ 16730–16734 · 5 sections

   • § 16730 In a case not involving a false or fraudulent return or failure to file a return, if the Controller determines at any time after the tax is due, but not later…
   • § 16731 In the case of a false or fraudulent return or failure to file a return, the Controller may determine the tax at any time.
   • § 16732 In any case in which a deficiency has been determined in an erroneous amount, the Controller may, within three years after the erroneous determination was…
   • § 16733 The Controller shall give notice of the deficiency determined, together with any penalty for failure to file a return or to show any transfer in the return…
   • § 16734 In any case in which it is claimed that a deficiency has been determined in an erroneous amount, any person who is liable for the tax may, within three years…