State Codes and Statutes
Statutes > South-dakota > Title-10 > Chapter-40a > Statute-10-40a-110-40A-1. Definition of terms. Terms used in this chapter, unless the context otherwise plainly requires, mean:
(1) "Death tax credit," the maximum allowable credit against the federal tax for state death taxes;
(2) "Decedent," a decedent upon whose estate a tax is imposed by this chapter;
(3) "Department," the Department of Revenue and Regulation;
(4) "Personal representative," the person responsible for filing a report under § 10-41-17 or an application under § 10-41-40;
(5) "Federal tax," the tax imposed on the transfer of the taxable estate of decedents by the Internal Revenue Code;
(6) "Gross estate," the gross estate of a decedent as finally determined and valued for federal estate tax purposes;
(7) "Internal Revenue Code," the federal Internal Revenue Code, as amended, and in effect on January 1, 2007;
(8) "Secretary," the secretary of revenue and regulation;
(9) "State," any state, the District of Columbia, Puerto Rico, and any possession of the United States;
(10) "State death taxes," any estate, inheritance, legacy, or succession taxes actually paid to any state for which credit against the federal tax is allowable under the Internal Revenue Code.
Source: SL 1979, ch 81, § 1; SL 1989, ch 101, § 4; SL 1990, ch 83, § 4; SL 1991, ch 98, § 4; SL 1992, ch 68, § 4; SL 1993, ch 95, § 4; SL 1994, ch 92, § 4; SL 1995, ch 65, § 4; SL 1996, ch 79, § 4; SL 1997, ch 65, § 4; SL 1998, ch 68, § 4; SL 1999, ch 56, § 4; SL 2000, ch 59, § 4; SL 2001, ch 53, § 4; SL 2002, ch 59, § 4; SL 2003, ch 60, § 5; SL 2003, ch 272, § 82; SL 2004, ch 90, § 4; SL 2005, ch 67, § 4; SL 2006, ch 45, § 4; SL 2007, ch 54, § 4.
