CHAPTER 3 ‑ INDIVIDUAL INCOME: INHERITANCE AND GIFT TAX DIVISION

 

SUBCHAPTER 3A ‑ DIVISIONAL RULES

 

17 NCAC 03A .0101         LOCATION

17 NCAC 03A .0102         GENERAL PURPOSES

17 NCAC 03A .0103         DIVISIONAL ORGANIZATION

 

History Note:        Authority G.S. 105‑2 to 105‑32; 105‑188 to 105‑197.1;

Eff. February 1, 1976;

Repealed Eff. June 1, 1993.

 

 

SUBCHAPTER 3B ‑ INHERITANCE TAX

 

SECTION .0100 ‑ GENERAL INFORMATION

 

17 NCAC 03B .0101          DEFINITIONS

 

History Note:        Authority G.S. 105‑2 to 105‑32; 105‑262;

Eff. February 1, 1976;

Repealed Eff. June 1, 1993.

 

17 NCAC 03B .0102          INHERITANCE AND ESTATE TAX RETURN: FORM A‑100

17 NCAC 03B .0103          INHERITANCE AND ESTATE TAX CERTIFICATE: FORM A‑102

17 NCAC 03B .0104          INHERITANCE AND ESTATE TAX WAIVER: FORM A‑105

 

History Note:        Authority G.S. 105‑25; 105‑262;

Eff. February 1, 1976;

Amended Eff. June 1, 1993;

Repealed Eff. January 1, 1999.

 

17 NCAC 03B .0105          INHERITANCE AND ESTATE TAX WAIVER: FORM A‑108

 

History Note:        Authority G.S. 105‑25; 105‑262;

Eff. February 1, 1976;

Repealed Eff. June 1, 1993.

 

17 NCAC 03B .0106          LOCK BOX RELEASE: FORM A‑109

 

History Note:        Authority G.S. 105‑23; 105‑24; 105‑262;

Eff. February 1, 1976;

Repealed Eff. January 1, 1999.

 

17 NCAC 03B .0107          TRANSFERS IN CONTEMPLATION OF DEATH

 

History Note:        Authority G.S. 105‑2; 105‑262;

Eff. February 1, 1976;

Amended Eff. October 1, 1991; October 30, 1977;

Repealed Eff. June 1, 1993.

 

17 NCAC 03B .0108          LIFE INSURANCE: ACCIDENTAL DEATH

17 NCAC 03B .0109          LIFE INSURANCE: MORTGAGE CANCELLATION

17 NCAC 03B .0110          DEDUCTIONS: MORTGAGE NOTE

17 NCAC 03B .0111          VALUATION: TREASURY BONDS

17 NCAC 03B .0112          VALUATION: REAL PROPERTY

17 NCAC 03B .0113          FEDERAL ESTATE TAX

 

History Note:        Authority G.S. 105‑9; 105‑9.1; 105‑13; 105‑29; 105‑262;

Eff. February 1, 1976;

Amended Eff. June 1, 1993; October 30, 1977;

Repealed Eff. January 1, 1999.

 

17 NCAC 03B .0114          MORTGAGES AGAINST REAL PROPERTY: SCHEDULE Z

 

History Note:        Authority G.S. 105‑21; 105‑262;

Eff. May 1, 1994;

Repealed Eff. January 1, 1999.

 

SECTION .0200 ‑ JOINTLY HELD PROPERTY

 

 

17 NCAC 03B .0201          JOINT ACCOUNTS

17 NCAC 03B .0202          JOINT STOCKS AND BONDS

17 NCAC 03B .0203          JOINTLY HELD NOTES

17 NCAC 03B .0204          REAL ESTATE BY ENTIRETY

 

History Note:        Authority G.S. 105‑2; 105‑262;

Eff. February 1, 1976;

Repealed Eff. June 1, 1993.

 

SECTION .0300 ‑ EXEMPTIONS AND CLASSES

 

 

17 NCAC 03B .0301          GRANDCHILDREN

 

History Note:        Authority G.S. 105‑4; 105‑262;

Eff. February 1, 1976;

Repealed Eff. January 1, 1983.

 

17 NCAC 03B .0302          STEP-GRANDCHILDREN

 

History Note:        Authority G.S. 105‑4; 105‑262; Ingram v. Johnson 260 NC 697, 133 S.E. 2nd 662(1963);

Eff. February 1, 1976;

Repealed Eff. July 1, 2000.

 

 

 

SUBCHAPTER 3C ‑ GIFT TAX

 

17 NCAC 03C .0101         DEFINITIONS

17 NCAC 03C .0102         GIFT TAX RETURN: FORM G‑600

 

History Note:        Authority G.S. 105‑197; 105‑262;

Eff. February 1, 1976;

Amended Eff. October 1, 1991;

Repealed Eff. June 1, 1993.

 

17 NCAC 03C .0103         LIFE INSURANCE VALUATION STATEMENT: FORM G‑604

17 NCAC 03C .0104         REMAINDER INTEREST

17 NCAC 03C .0105         REAL PROPERTY: DEED OF GIFT

 

History Note:        Authority G.S. 105‑188; 105‑190; 105-197; 105‑262;

Eff. February 1, 1976;

Amended Eff. February 1, 2005; October 1, 1991;

Expired Eff. August 1, 2015 pursuant to G.S. 150B-21.3A.

 

17 NCAC 03C .0106         real property: creation of an estate by the entirety

17 NCAC 03C .0107         real property: termination of an estate by the entirety

 

History Note:        Authority G.S. 105-188; 105-189; 105-262;

Eff. February 1, 1976;

Amended Eff. October 1, 1991;

Repealed Eff August 1, 2002.

 

17 NCAC 03C .0108         EXTENSIONS

 

History Note:        Authority G.S. 105-197; 105-236; 105-262; 105-263;

Eff. June 1, 1993;

Amended Eff. May 1, 2006; August 1, 2002; July 1, 2000; August 1, 1998;

Expired Eff. August 1, 2015 pursuant to G.S. 150B-21.3A.