River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1909-07-15

1OS7-20, 1OS7--Zl, lUS7--ZZ, lOo1--Zo,
J0S7-24 and 3S1B, relating to the in
heritaDce tax laws and especially with
refereneeto the administration and en-
forcement lent thereof.
Tie people Of the State Of Wisconsin,
represented Ia Senate and Assembly, do
enact as follows:
Section l. Section 10s7-5 Of the stat
utes is amended to read Section 1Os1--o.
i. Every such tax ehali be and remain
lien upon the property transferred until
paid and the person 70 whom the property
Is transferred and the administrators, e1-
ecutors. and trustees OF every estate 80
transferred, shall be personally liable Tor
such tax until its payment.
urer Of the e1 county unity 10 Which the county
court Ii situated having Jurisdiction az
herein provided and said treasurer shall shall
ment, one Of which he shall Immediately
send 10 the state treasurer, whose
duty it shall be TO charge the county
treasurer tb 80 TecsyaPg me ahe ether re-
ceipt shall be delivered TO the executor, 40,
ministratOr, or trustee, wnereupon u Sn a.
be proper voucher Ia Ihe setusD1SAI VI "AS
3. But no executor, administrators, Or
trustee shall be entitled to hnal account
ing Of an estate, Ia settlement o. which
tax Is due under the provisions OF this act,
unless he shall produce such receipts
or certified copy thereof
prescribed by section 1873. -"
4. All taxes imposed by this act shall
be due and payable at the time OF the trans-
fer except az hereinafter provided. Taxes
upon the transfer Of any estate, propeTty'
or interest therein, limited, conditioned, de-
pendent, or deteFminable upon the happen
reason Of which the fair market value
thereof cannot be aseeFtained at the tms Oh
transfer, as herein provided, shall &C
cFue and become due and payable when the
beneficiary shall come into actual posseS-
sion or enjoyment thereof -.
Section q Section 1875 OF the stat
utes is amended TO read Section 1OSI--o.
If such tax is paid within one year from
the Rccrulng thereof, discount OF Eve per
centum shah be allowed and deducted there
from. II such tax 10 not paid within eight
cen months from the accruing thereon, IN
terest shall be charged and collected thereon
at the rate Of ten per centum per annum
from the time the tax accrued unless py
reason Of claims made upon the estate'
necessary litigation or other unavoidable
cause Of delay, such tax shall not pc deter
mined and paid as herein provided, IN Wnlcn
per annum shall be charged upon Gucn TAX
from the accFual thereof until the cause OF
such delay L. removed, after when zen
per centum shall be charged. In All caseS
when q bond shall be given under the provis-
ions Of section 1097-9, interest
shall be charged at the rate OF six per
centum from the accrual OF the TAX unuA
the date Of payment thereof.
Section g. Section 1871 of the stat
utes is amended to read Section 1O5I--I'
Every executor, administrators, or uus ats
property OF the decedent as Will enable MIN
to pay such tax ia the same manner as ne
might be entitled by law TO 40 Ior the
payment of the debts OF the testat0r OF IN
testate. Any such administrators, executor,
or trustee having In charge or Ia trust any
legacy or property for Distribution, s9 90ysS
and within thirty days therefrom snail pay
over the same to the county treasurer, as
herein provided II such legacy or properly
be not in money, he snail coliecC tne Tax
thereon upon the appraised value thereoIl
from the person entitled thereto, He s1all
not deliver or be compelled TO denver any
specific legacy or property subject 10 tax
under this act, to any person until ne snail
have collected the tax thereon. II any
such legacy shall be charged upon or pay
able out OF real property, the heir or de,
visee shall deduct such tax therefrom ana
pay it to the administrator, executor, or.
trustee, and the tax shall remain a lien or
charge on such real property until PAID, ana
the payment thereof shall be enforced by
the executor, administrator, or trustee IN
the same manner that payment or the leg
acy might be enforced, or by the district
attorney under section 10S7-16. IL
any such legacy shall be given In money 10
any such person for limited period the
administrator, executor, or trustee snal re.
tain the tax upon the whole amount, but IL
it be not In money, ne shall make npp!ica-
don to the court having Jurisdiction OF an
accounting by him to make an apportion-
Inent IL the case require IL, of me SUM 20 pc
paid into the hands by such legatees, ana
Tor such further order relative thereto hS
section I. Section 1878 of the stat
utes is amended TO read: Section 108I-S.
l. If any debt shall be proved against the
OF any legacy or distributive share there
of, from which any such tax has been de-
Quoted. or upon which 1t has been paid by
the person entitled to such legacy or ais
trIbufiye share and such person is required
by the order of the county court having
Jurisdiction thereof on notice to the
state treasurer to refund the amount ,S q
Thereon.
table proportion OF the tax shall be repaid
% such person By the executor ut I'D al
to whom said tax has been paid.
2. When any amount OF said tax shall
have been paid enormously into the state
treasury, 1t shall be lawful Tor the +r.r.
script froTo the county court record SNOW
Ing the facts to refund the amount
OF such erroneous or illegal payment to
. . the executor, administrators, trustee,
person, or persons who have paid any such
tax In error, from the treasury or the SAID
. state treasurer may ordef, direct ana
allow the treasurer OF any county to re-
fund the amount OF any illegal or erroneous
payment Of such tax out OF the funds In ms
hsnds or custody to the credit OF l., sp zen
quarterly account rendered to the
state treasurer under this act Provided,
however, that all applications for such re-
funding OF erroneous taxes shall be made
within one year from the payment thereof,
or within one year after the reversal or
modification of the order liking such tax.
Section 8. Section 1OS7-11 OF the stat
utes is amended to read Section 10ST--11.
1. II a foreign executor, administrators, or
trustee shall assign or transfer any stock
or obligations in this state standing In the
name OF decedent or in trust for dece-
dent, liable to any such tax, the TAX ahalI
be paid to the treasurer OF the proper
county or the state treasurer on inc
D. No safe deposit company, bank. or
other institution, person, or persons hold
ing securities or assets OF q nonresident ue-
eedent. shali deliver or transfer the same
20 the executors, administrators, or legal
representatives Of said decedent, or upon
their order or request unless notice OF the
time and place Of such intended transfer
Se served upon the attorney general
at least ten days prior to the said transfer;
bank or other institution. person or persons
deliver or tranafer any securities or assets
OF the estate Of q ncn-rcaident decc1ene
without retaining q SUFFICIENT portion or
amount thereof 80 pay any tax which may
thereafter be assessed on account Cd the
the provisions OF this act unless tho
attorney general or pubfse adrntnistratpe con-
seats thereto in writing; and Il shRil he
lawful for the attorney general O. public
adninistrster psrsonsiE cr " rp-
assets &C the time oe R0cA deafvery ex trHmg-
fer FAILURE GO serve guGA R@k5ca or % al
low such exanlnatSca OF % retain q Eutu-
eient portion or amount 70 pay wueh tax
az herein provided, Ehan renSer said safe
other institution person OF persons. naoss
70 the payment Of the tar due upen said
securities or assists IN pUrsuzaee Of the pro
'yfasons OF this act.
section s. Section i0Sg-1a % th@ STAB
s1tes IL amended to read Section 1O01--tA
80