when decedent's interest in mortgage on real estate in this State 251 ..... where property in this State is less than debts due residents of 217 TAXABLE TRANSFERS BY: bonds and money left with decedent's attorney in this State..260, 263 ....264, 265 both registered and coupon bonds of foreign corporations are taxable if here..... certificate of deposit.... ...228, 264 244 debts owing by a resident, to a nonresident decedent..... 59, 239 60 deposit with trust company although certificates therefor are 59 ..... distinction between property passing by appointment, and dece- 254 233 261 loans made by a partner to his firm..... 262 money deposited by a creditor to pay a debt due a nonresident, notes and bonds secured by real estate without this State, are the Act of 1887 applied to the property of an intestate.. 197 41 where community law prevails.. 211 where husband is statutory trustee of wife's property.. 213 where transaction shows the relation of debtor, instead of agent. 259 (See Appraisal; Appraiser; Surrogate; Transfers - - Non- taxable and Taxable Transfers; Transfer Tax.) to be given State Comptroller by safe-deposit companies and others (§ 227, Tax Law).. penalty for failure to give..... 398 ... 398 .510, 513 513 362 364 OFFSET: 0. when pledged property not taxable satisfies debt, property OMITTED SECTIONS AND PROVISIONS: by the Act of 1905: former section 226 relating to "deferred payments 66 provision in former section 230 relating to appraising trans- 442 provision of former section 230 taxing estates which vested 443 provision in former section 235 relating to "compromise of 332 word "penalty" omitted from title of section 223.... from former section 242 the words "over which this State has any jurisdiction for the purpose of taxation "....228, 588 ONE PER CENT. CLASS: section 221 of the Tax Law... who included in. 390 271 274 not more than two transfer tax clerks in (§ 234, Tax Law).. .... 567 meaning of phrase as of course" in entry of..... directing payment in district attorney proceedings.. ... interest of beneficiaries under.... may be corrected when made under mistake of fact. 66 575 548 515 554 512 553 (See Appeals; Modification of Order; Surrogate.) in foreign State does not affect the taxability here.... PAYMENT OF TAX — Continued: PAGE. from residuary estate.... 324 when direction to pay tax from residuary estate applies to all gifts 325 ..... 323 320 323 472 322 322 322 when tax on trust estate to be paid from corpus of fund.. 326 ..... ary estate ...... .... to county treasurers, in counties where appraiser is not sal- .... 326 569 342 .315, 320 to State Comptroller, in counties where appraiser is sal- under power of appointment, when power is exercised.... when fair market value of transfer cannot be established; when.... to be paid....... 315 when order should relieve executor from liability to pay tax........ 344 334 (See District Attorney Proceedings; Transfer Tax.) PENALTY: for nonpayment of tax (§ 222, Tax Law). 326 liability of banks and certain corporations to incur (§ 227, of nonresident decedents, when first taxable... of nonresident not removed until after Act of 1892.. of resident, is taxable wherever situated.... even though administered upon by a foreign executor... PAGE. 41 261 46 47 78 41 when first taxable, passing to one per cent. class.. ·PLEDGED PROPERTY: deduction of debt of nonresident due New York creditors secured by pledge of taxable and nontaxable securities.... 220 title is in pledgee and not taxable...... .86, 266 when redeemed by executor then liable to tax.. appointee must accept or reject will exercising power, as an en- ... 189 appointee should be notified of intention to appraise trust fund.. 166 contingent right acquired prior to the statute not affected...... 162 (see also pp. 151-157.) cases following the Lansing case.... .164-166 cases following the Cooksey and Lansing cases.. ment in will of nonresident and the property of the nonresi- 254 effect of conferring a general power... 138 exercised.... effect of diminishing vested interests subject to appointment... erroneous payment on remainder subject to, not a payment made execution of the power gives property to appointee... 170 .... 160 149 140 |