NORTH CAROLINA GENERAL ASSEMBLY

1967 SESSION

 

 

CHAPTER 1171

SENATE BILL 707

 

 

AN ACT RELATING TO REFUND OF INHERITANCE TAX UPON FINAL DETERMINATION OF THE FEDERAL ESTATE TAX.

 

The General Assembly of North Carolina do enact:

 

Section 1.  Subsection (a) of G.S. 105-29 is hereby amended by inserting in line 43 thereof immediately following the word "return" and immediately preceding the word "or", the following: ", or within six months after the date of the final determination of the federal estate tax liability,".

Sec. 2.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall be effective from and after January 1, 1967, and shall apply in all cases where the federal estate tax liability has been finally determined after that date.

In the General Assembly read three times and ratified, this the 6th day of July, 1967.