COMPILED CODE - Iowa Legislature - State of Iowa

312
§§ 4702-4704. INHERITANCE TAX. Tit. XIV, Ch. 21.
8 the purchaser or his assignee for any subsequent year or years, with a
9 similar penalty added as before on the amount of the payment for each
10 subsequent year, and eight per cent per annum on the whole of such
11 amount or amounts from the day or days of payment; but the penalty
12 for nonpayment of taxes of any subsequent year or years shall not
13 attach, unless the same shall have remained unpaid until the first day
14 of April after they become due and have become delinquent, nor shall
15 said penalties apply to taxes voted in aid of the construction of any
16 railroad.
17 In redeeming from a sale of a leasehold interest in agricultural
18 college land, the amount to be paid shall include any amount paid by
19 the holder of the certificate as interest or principal due by the terms of
20 the lease or otherwise to prevent a forfeiture thereof, as provided by
21 law, and for which proper voucher shall have been filed with the
22 auditor, with interest thereon at eight per cent per annum from date
23 of payment, which amount shall be paid by the auditor to the holder
24 of the certificate, and the certificate of redemption shall show the
25 amount so paid by the party redeeming.
[C, '51, § 505; R„ '60, § 779; C, '73, § 890; C, '97, § 1436;
S., '13, § 1436.]
CHAPTER 21.
INHERITANCE TAX.
NOTE: "Collateral" has been omitted from the above chapter heading because
39 G. A., ch. 38, broadens out the inheritance tax law so as to include direct as well
as collateral inheritances.
SECTION 4702. Definitions and rules of construction.
[Apparently repealed by 39 G. A., ch. 38, § 20—at least now
obsolete.]
SEC. 4702-al. "Person" defined—authority of county attorney.
1 In the construction of this chapter the word "person" shall
2 include a plural as well as singular, and artificial as well as natural
3 persons. This chapter shall not be construed to confer upon a county
4 attorney authority to represent the state in any case, and he shall rep-
5 resent the treasurer of state only when especially authorized by him to
6 do so.
S., '13, § 1481-a45; 39 G. A., ch. 38, § 14.]
SEC. 4703. "Debts"—defined—when deducted.
[Repealed by 39 G. A., ch. 38, § 5, and a substitute enacted in lieu
thereof, which substitute, for the purpose of logical arrangement,
appears as section 4704-alO of this supplement.]
SEC. 4704. Estates, property and transfers taxable.
1 The estates of all deceased persons in any property whether the
2 decedents be inhabitants of this state or not, and whether such estates
3 consist of real, personal or mixed property, tangible or intangible, and
4 any interest in, or income from any such estate or property which