§ 47-3703. Tax on transfer of taxable estate of nonresidents; property of nonresident defined.

Current through October 23, 2012

(a) A tax in an amount computed as provided in this section is imposed on the transfer of every nonresident's taxable estate having its taxable situs in the District.

(b) The tax shall be an amount computed by multiplying the federal credit by a fraction, the numerator of which is the value of that part of the gross estate over which the District has jurisdiction for estate tax purposes and the denominator of which is the value of the decedent's gross estate.

(1) Real property -- the place where the property is situated;

(2) Tangible personal property -- the place where the property is customarily located at the time of the decedent's death; and

(3) Intangible personal property -- the domicile of the decedent at the time of the decedent's death, except that intangible personal property used in a trade or business in the District shall have a taxable situs in the District regardless of the domicile of the owner.

                
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(Feb. 24, 1987, D.C. Law 6-168, § 4, 33 DCR 7008; enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications

1981 Ed., § 47-3703.

Legislative History of Laws

For legislative history of D.C. Law 6-168, see Historical and Statutory Notes following § 47-3701.