CHAPTER 3. Payment of Tax [16750. - 16761.]

Chapter 3 added by Stats. 1977, Ch. 1079.

§§ 16750–16761 · 6 sections

1. ARTICLE 1. Generally §§ 16750–16753 · 4 sections

   • § 16750 The person liable for payment of the federal generation skipping transfer tax shall be liable for the tax imposed by this part.
   • § 16751 The tax imposed by this part is due upon a taxable distribution or a taxable termination as determined under applicable provisions of the federal generation…
   • § 16752 The tax becomes delinquent from and after the last day allowed for filing a return for the generation skipping transfer.
   • § 16753 The tax shall be paid to the State Controller by remittance payable to the State Treasurer.
2. ARTICLE 2. Interest and Penalties §§ 16760–16761 · 2 sections

   • § 16760 If the tax is not paid before it becomes delinquent, it bears interest thereafter and until it is paid at the same rate per annum as provided in Section…
   • § 16761 Every payment on the tax imposed by this part is applied, first, to any interest due on the tax, and then, if there is any balance, to the tax itself.