reglab/housing_qa huggingface dataset:
IA Code § 450.48 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.48 - Payment deferred — bond — exceptions.

450.48 Payment deferred — bond — exceptions.   1. Except as provided in subsection 2, when in case of deferred estates or remainder interests in personal property or in the proceeds of any real estate that may be sold during the time of a life, term, or prior estate, the persons interested who may desire to defer the payment of the tax until the determination of the prior estate, shall file with the clerk of the proper district court a bond as provided in this chapter in other cases. The bond shall be renewed every two years until the tax upon the deferred estate is paid. If at the end of any two-year period the bond is not promptly renewed as provided in this section and the tax has not been paid, the bond shall be declared forfeited, and the amount of the bond forthwith collected.   2. When the estate of a decedent includes an estate for life or for a term of years to one or more persons and a deferred or remainder estate to others, and such deferred or remainder estate is in whole or in part subject to the tax imposed by this chapter, then payment of the tax upon such deferred or remainder estates may be postponed until the determination of the prior estate without giving bond to secure payment of such tax as required under subsection 1 if one of the following requirements is satisfied:   a. The deferred or remainder estates or interests are so disposed that good and sufficient security for the payment of the tax for which such deferred or remainder estates may be liable can be had because of the lien imposed by this chapter upon the real property of such estate, but the tax shall remain a lien upon such real estate until the tax upon such deferred estate or interest is paid.   b. Security satisfactory to the department of revenue has been provided, which security includes but is not limited to a bank or securities account with an irrevocable pay on death or transfer on death provision naming the department of revenue as beneficiary, or an escrow agreement with the department of revenue under which a private attorney will act as escrow agent and hold the escrow funds in the attorney’s trust account.  [S13, §1481-a13; C24, 27, 31, 35, 39, §7353; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.48]  2018 Acts, ch 1134, §3, 4; 2019 Acts, ch 59, §136  Referred to in §450.3, 450.47  2018 amendment applies to estates of decedents that include a deferred estate or remainder interest and that have not, on or before July 1, 2018, received approval from the department of revenue to defer payment of tax pursuant to §450.44 – 450.49;  2018 Acts, ch 1134, §4
IA Code § 450.49 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.49 - Bonds — conditions.

450.49 Bonds — conditions.   All bonds required by this chapter shall be payable to the department of revenue and shall be conditioned upon the payment of the tax, interest, and costs for which the estate may be liable, and for the faithful performance of all the duties hereby imposed upon and required of the person whose acts are by such bond to be guaranteed, and shall be in an amount equal to twice the amount of the tax, interest, and costs that may be due, but in no case less than five hundred dollars, and must be secured by not less than two resident freeholders or by a fidelity or surety company authorized by the commissioner of insurance to do business in this state.  [S13, §1481-a14; C24, 27, 31, 35, 39, §7354; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.49]  2003 Acts, ch 145, §286  Referred to in §450.3, 450.50
IA Code § 450.50 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.50 - Removal of property from state — bond.

450.50 Removal of property from state — bond.   It shall be unlawful for any person to remove from this state any property, or the proceeds thereof, that may be subject to the tax imposed by this chapter, without paying the said tax to the department of revenue. Any person violating the provisions of this section shall be guilty of a serious misdemeanor and upon conviction shall be fined an amount equal to twice the amount of tax, interest, and costs for which the estate may be liable; provided, however, that the penalty hereby imposed shall not be enforced if, prior to the removal of such property or the proceeds thereof, the person desiring to effect such removal files with the clerk a bond conditioned upon the payment of the tax, interest, and costs, as is provided in section 450.49 hereof.  [S13, §1481-a15; C24, 27, 31, 35, 39, §7355; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.50]  2003 Acts, ch 145, §286
IA Code § 450.51 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.51 - Annuities — life and term estates.

450.51 Annuities — life and term estates.   The value of any annuity, deferred estate, or interest, or any estate for life or term of years, subject to inheritance tax shall be determined for the purpose of computing the tax by the use of current, commonly used tables of mortality and actuarial principles pursuant to regulations prescribed by the director of revenue. The taxable value of annuities, life or term, deferred, or future estates, shall be computed at the rate of four percent per annum of the established value of the property in which the estate or interest exists or is founded.  [S13, §1481-a16; C24, 27, 31, 35, 39, §7356; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.51]  83 Acts, ch 177, §20, 38; 2003 Acts, ch 145, §286  Referred to in §450.47  See mortality tables at end of Vol VI
IA Code § 450.52 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.52 - Deferred estates — removal of lien.

450.52 Deferred estates — removal of lien.   Whenever it is desired to remove the lien of the inheritance tax on remainders, reversions, or deferred estates, parties owning the beneficial interest may pay at any time the said tax on the present worth of such interests determined according to the rules herein fixed.  [S13, §1481-a16; C24, 27, 31, 35, 39, §7357; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.52]
IA Code § 450.53 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.53 - Duty to pay tax — penalties.

450.53 Duty to pay tax — penalties.   1. a. All personal representatives, except guardians and conservators, and other persons charged with the management or settlement of any estate or trust from which a tax is due under this chapter, shall file an inheritance tax return, within the time limits set by section 450.6, with a copy of any federal estate tax return and other documents required by the director which may reasonably tend to prove the amount of tax due, and at the time of filing, shall pay to the department of revenue the amount of the tax due from any devisee, grantee, donee, heir, or beneficiary of the decedent, except in cases where payment of the tax is deferred until the determination of a prior estate. The owner of the future interest shall file a supplemental inheritance tax return and pay to the department of revenue the tax due within the time limits set in this chapter. The inheritance tax returns shall be in the form prescribed by the director.   b. Notwithstanding paragraph “a”, an inheritance tax return is not required to be filed if the estate does not have a federal estate tax filing obligation and if all the estate or trust assets pass solely to individuals listed in section 450.9 as individuals that are entirely exempt from Iowa inheritance tax. This paragraph is not applicable if interests in the asset pass to both an individual listed in section 450.9 and to that individual’s spouse.   2. A person in possession of assets to be reported for purposes of taxation, including a personal representative or trustee, who willfully makes a false or fraudulent return, or who willfully fails to pay the tax, or who willfully fails to supply the information necessary to prepare the return or determine if a return is required, or who willfully fails to make, sign, or file the required return within the time required by law, is guilty of a fraudulent practice. This subsection does not apply to failure to make, sign, or file a return or failure to pay the tax if a return is not required to be filed pursuant to subsection 1, paragraph “b”.   3. A person who willfully attempts in any manner to evade taxes imposed by this chapter or avoid payment of the tax, is guilty of an aggravated misdemeanor.   4. The jurisdiction of any offense as defined in this section is in the county of the residence of the decedent at the time of death. If the decedent is a nonresident of the state, jurisdiction is in any county in which property subject to the tax is located.   5. A prosecution for any offense defined in this section shall be commenced not later than six years following the commission of the offense.  [S13, §1481-a17; C24, 27, 31, 35, 39, §7358; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.53]  83 Acts, ch 177, §21, 38; 94 Acts, ch 1165, §33; 2003 Acts, ch 145, §286; 2004 Acts, ch 1073, §32; 2005 Acts, ch 14, §2, 6  Referred to in §450.58, 450.94  Fraudulent practices, see §714.8 – 714.14
IA Code § 450.54 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.54 - Sale to pay tax.

450.54 Sale to pay tax.   Personal representatives or the director of revenue may sell as much of the property of the decedent as will enable them to pay the tax, in the same manner as provided by law for the sale of that property for the payment of debts of testators or intestates.  [S13, §1481-a17; C24, 27, 31, 35, 39, §7359; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.54]  83 Acts, ch 177, §22, 38; 2003 Acts, ch 145, §286
IA Code § 450.55 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.55 - Means to collect tax.

450.55 Means to collect tax.   The provisions of sections 422.26 and 422.30, pertaining to jeopardy assessments and distress warrants, apply to the unpaid tax, penalty, and interest imposed under this chapter. In addition the director of revenue may bring, or cause to be brought in the director’s name of office, suit for the collection of the tax, penalty, interest, and costs, against the personal representative or against the person entitled to property subject to the tax, or upon any bond given to secure payment of the tax, either jointly or severally, and upon obtaining judgment may cause execution to be issued as is provided by statute in other cases. The proceedings shall conform as nearly as may be to those for the collection of ordinary debt by suit.  [S13, §1481-a17; C24, 27, 31, 35, 39, §7360; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.55]  83 Acts, ch 177, §23, 38, 39; 84 Acts, ch 1240, §8; 2003 Acts, ch 145, §286
IA Code § 450.57 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.57 - Tax deducted from legacy or collected.

450.57 Tax deducted from legacy or collected.   Every personal representative or referee having in charge or trust any property of an estate subject to tax which is made payable by the personal representative or referee, shall deduct the tax from the property or shall collect the tax from the legatee or person entitled to the property and pay the tax to the department of revenue, and the personal representative or referee shall not deliver any specific legacy or property subject to tax to any person until the personal representative or referee has collected the tax.  [S13, §1481-a18; C24, 27, 31, 35, 39, §7362; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.57]  83 Acts, ch 177, §24, 38; 2003 Acts, ch 145, §286
IA Code § 450.58 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.58 - Final settlement to show payment.

450.58 Final settlement to show payment.   1. Except as provided in subsection 2, the final settlement of the account of a personal representative shall not be accepted or allowed unless it shows, and the court finds, that all taxes imposed by this chapter upon any property or interest in property that are made payable by the personal representative and to be settled by the account, have been paid, and that the receipt of the department of revenue for the tax has been obtained as provided in section 450.64.   2. If an inheritance tax return is not required to be filed pursuant to section 450.53, subsection 1, paragraph “b”, the personal representative’s final settlement of account need not contain an inheritance tax receipt from the department, but shall, instead, contain the personal representative’s certification under section 633.35 that an inheritance tax return is not required to be filed pursuant to section 450.53, subsection 1, paragraph “b”.   3. Any order contravening any provision of this section is void.  [S13, §1481-a19; C24, 27, 31, 35, 39, §7363; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.58]  83 Acts, ch 177, §25, 38; 85 Acts, ch 148, §4; 86 Acts, ch 1054, §2; 86 Acts, ch 1241, §44; 2003 Acts, ch 145, §286; 2004 Acts, ch 1073, §33; 2005 Acts, ch 14, §3, 6  Referred to in §633.479, 635.7  Similar provision, §422.27
IA Code § 450.59 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.59 - Judicial review.

450.59 Judicial review.   Judicial review of a decision of the director may be sought under the Iowa administrative procedure Act, chapter 17A, except that the petition may be filed in the district court in the county in which some part of the property is situated, if the decedent was not a resident, or such court in the county of which the deceased was a resident at the time of the decedent’s death or where such estate is administered.  [S13, §1481-a20; C24, 27, 31, 35, 39, §7364; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.59]  2003 Acts, ch 44, §114  Referred to in §450.94
IA Code § 450.60 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.60 - Director to represent state.

450.60 Director to represent state.   The director of revenue shall, with all the rights and privileges of a party in interest, represent the state in any such proceedings.  [S13, §1481-a20; C24, 27, 31, 35, 39, §7365; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.60]  2003 Acts, ch 145, §286
IA Code § 450.61 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.61 - Bequests to personal representatives.

450.61 Bequests to personal representatives.   If a decedent appoints one or more personal representatives and, in lieu of their allowance or commission, makes a bequest or devise of property to them which would otherwise be liable to tax, or appoints them residuary legatees, and the bequests, devises, or residuary legacies exceed the statutory fees as compensation for their services, the excess is liable to tax.  [S13, §1481-a21; C24, 27, 31, 35, 39, §7366; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.61]  83 Acts, ch 177, §26, 38
IA Code § 450.62 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.62 - Legacies charged upon real estate.

450.62 Legacies charged upon real estate.   If legacies subject to tax are charged upon or payable out of real estate, the heir or devisee, before paying the tax, shall deduct the tax from it and pay it to the personal representative or department of revenue, and the tax shall remain a charge against and be a lien upon the real estate until it is paid. Payment of the tax shall be enforced by the personal representative or director of revenue as provided in this chapter.  [S13, §1481-a22; C24, 27, 31, 35, 39, §7367; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.62]  83 Acts, ch 177, §27, 38; 2003 Acts, ch 145, §286
IA Code § 450.63 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.63 - Maturity of tax — interest — penalty.

450.63 Maturity of tax — interest — penalty.   All taxes not paid within the time prescribed in this chapter are subject to a penalty as provided in section 421.27 and shall draw interest at the rate in effect under section 421.7 until paid.  [S13, §1481-a23; C24, 27, 31, 35, 39, §7368; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.63; 81 Acts, ch 131, §16, ch 147, §11, 20; 82 Acts, ch 1180, §7, 8]  84 Acts, ch 1173, §9; 86 Acts, ch 1007, §39; 90 Acts, ch 1172, §13
IA Code § 450.64 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.64 - Receipt showing payment.

450.64 Receipt showing payment.   Upon payment of the tax in full the department of revenue shall forthwith transmit a receipt to the person designated by the taxpayer signing the return showing payment of the tax. If the tax is not paid in full, a taxpayer whose tax liability is paid in full may request a receipt as to that taxpayer’s share of the tax.  [S13, §1481-a23; C24, 27, 31, 35, 39, §7369; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.64]  83 Acts, ch 177, §28, 38; 2003 Acts, ch 145, §286  Referred to in §450.58
IA Code § 450.65 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.65 - Director to enforce collection.

450.65 Director to enforce collection.   It shall be the duty of the director of revenue to enforce the collection of the delinquent inheritance tax, and the provisions of law with reference thereto.  [C24, 27, 31, 35, 39, §7370; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.65]  2003 Acts, ch 145, §286
IA Code § 450.66 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.66 - Investigation by director.

450.66 Investigation by director.   The director of revenue may issue a citation to any person who the director may believe or has reason to believe has any knowledge or information concerning any property which the director believes or has reason to believe has been transferred by any person and as to which there is or may be a tax due to the state under the provisions of the inheritance tax laws of this state, and by such citation require such person to appear before the director or anyone designated by the director at the county seat of the county where said person resides and at a time to be designated in such citation, and testify under oath as to any fact or information within the person’s knowledge touching the quantity, value, and description of any such property and the disposition thereof which may have been made by any person, and to produce and submit to the inspection of the director of revenue, any books, records, accounts, or documents in the possession of or under the control of any person so cited.  [C24, 27, 31, 35, 39, §7371; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.66]  2003 Acts, ch 145, §286  Referred to in §450.68
IA Code § 450.67 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.67 - Inspection of books, records, etc.

450.67 Inspection of books, records, etc.   The director of revenue may also inspect and examine the books, records, and accounts of any person, firm, or corporation, including the stock transfer books of any corporation, for the purpose of acquiring any information deemed necessary or desirable by the director for the proper enforcement of the inheritance tax laws of this state, and the collection of the full amount of the tax which may be due to the state thereunder.  [C24, 27, 31, 35, 39, §7372; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.67]  2003 Acts, ch 145, §286  Referred to in §450.68
IA Code § 450.68 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.68 - Information confidential.

450.68 Information confidential.   1. a. Any and all information acquired by the department of revenue under and by virtue of the means and methods provided for by sections 450.66 and 450.67 shall be deemed and held as confidential and shall not be disclosed by the department except so far as the same may be necessary for the enforcement and collection of the inheritance tax provided for by the laws of this state; provided, however, that the director of revenue may authorize the examination of the information by other state officers or, if a reciprocal arrangement exists, by tax officers of another state or of the federal government.   b. Federal tax returns, copies of returns, return information as defined in section 6103(b) of the Internal Revenue Code, and state inheritance tax returns, which are required to be filed with the department for the enforcement of the inheritance tax laws of this state, shall be deemed and held as confidential by the department. However, such returns or return information may be disclosed by the director to officers or employees of other state agencies, subject to the same confidentiality restrictions imposed on the officers and employees of the department.   2. It shall be unlawful for any present or former officer or employee of the state to disclose, except as provided by law, any return, return information, or any other information deemed and held confidential under the provisions of this section. Any person violating the provisions of this section shall be guilty of a serious misdemeanor.  [C24, 27, 31, 35, 39, §7373; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.68]  92 Acts, 2nd Ex, ch 1001, §245; 2003 Acts, ch 145, §286; 2008 Acts, ch 1119, §8; 2009 Acts, ch 41, §257; 2010 Acts, ch 1138, §54; 2014 Acts, ch 1076, §17
IA Code § 450.69 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.69 - Contempt.

450.69 Contempt.   Refusal of any person to attend before the director of revenue in obedience to any such citation, or to testify, or produce any books, accounts, records, or documents in the person’s possession or under the person’s control and submit the same to inspection of the department of revenue when so required, may, upon application of the director of revenue, be punished by any district court in the same manner as if the proceedings were pending in such court.  [C24, 27, 31, 35, 39, §7374; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.69]  2003 Acts, ch 145, §286
IA Code § 450.70 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.70 - Fees.

450.70 Fees.   Witnesses so cited before the director of revenue, and any sheriff or other officer serving such citation shall receive the same fees as are allowed in civil actions; to be audited by the department of revenue and paid upon the certificate of the director of revenue out of funds not otherwise appropriated.  [C24, 27, 31, 35, 39, §7375; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.70]  2003 Acts, ch 145, §286  Sheriff’s fees, §331.655; witness fees, §622.69 – 622.75
IA Code § 450.71 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.71 - Proof of amount of tax due.

450.71 Proof of amount of tax due.   Before issuing a receipt for the tax, the director of revenue may demand from personal representatives or beneficiaries information as necessary to verify the correctness of the amount of the tax and interest, and when this demand is made they shall send to the director of revenue certified copies of wills, deeds, or other papers, or of those parts of their reports as the director may demand, and upon the refusal or neglect of the parties to comply with the demand of the director, the clerk of the court shall comply with the demand, and the expenses of making copies and transcripts shall be charged against the estate, as are other costs in probate, or the tax may be assessed without deducting liabilities for which the estate is liable.  [S13, §1481-a24; C24, 27, 31, 35, 39, §7376; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.71]  83 Acts, ch 177, §29, 38; 2003 Acts, ch 145, §286