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HomeMy WebLinkAbout08-10-07 . BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION PO BOX 2B0601 HARRISBURG PA 17128-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE INHERITANCE TAX " 'RECI1RD ADJUSTMENT 2007 AUG 10 Ah II: 20 DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN ('! EQ< n-- Vi... 111.. ~..;'I OR-PI-,ll, 1\ i'C' "(Ii ;:-,T t it-'.! ';',) \..JJi.,Ti I TAYLOR P ANDREWS E~J~\r'--' , , ANDREWS & JOHNSON 78 W POMFRET ST CARLISLE PA 17013 07-31-2007 RABENSTINE 03-15-2005 21 05-0277 CUMBERLAND 101 *' REV-1593 EX AFP (03-05) CHARLES E Amount Remitted MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE NOTE: To insu~e p~ope~ c~edit to you~ account, submit the uppe~ po~tion of this fo~m with you~ tax payment. --+ RETAIN LOWER PORTION FOR YOUR RECORDS +-- REV-1593 EX AFP (03-05) --------------------------------------------------------------------------------------------------------------------------------------- ESTATE OF RABENSTINE CHARLES E FILE NO. 21 05- 0277 .. INHERITANCE TAX RECORD ADJUSTMENT .. ACN 1 0 1 DATE 07-31-2007 ADJUSTMENT BASED ON: VALUE OF ESTATE: PROTEST BOARD DECISION 1. Real Estate (Schedule A) 2. 3. 4. 5. 6. 7. 8. O} (2) (3) (4) (5) (6) (7) Stocks and Bonds (Schedule B) Closely Held Stock/Pa~tne~ship Inte~est (Schedule C) Mo~tgages/Notes Receivable (Schedule D) Cash/Bank Deposits/Misc. Pe~sonal P~ope~ty (Schedule E) Jointly Owned P~ope~ty (Schedule F) T~ansfe~s (Schedule G) Total Assets DEDUCTIONS AND EXEMPTIONS: 9. Fune~al Expenses/Administ~ative Costs/ Miscellaneous Expenses (Schedule H) Debts/Mo~tgage Liabilities/Liens (Schedule I) Total Deductions (9) OO} 10. 1l. 12. 13. 14. Net Value of Tax Retu~n Cha~itable/Gove~nmental Bequests; Non-elected 9113 T~usts (Schedule J) Net Value of Estate Subject to Tax TAX: 15. Amount of 16. Amount of 17. Amount of 18. Amount of 19. P~incipal TAX CREDITS' 130,000.00 77,520.00 .00 .00 280,391.31 .00 80,865.30 (8) 52,167.79 14,067.91 Ol} 02} 03} 04} Line 14 at Spousal ~ate OS} .00 X 00 Line 14 taxable at Lineal/Class A ~ate 06} 502,540.91 X 045= Line 14 at Sibling ~ate 07} .OOX 12 = Line 14 taxable at Collate~al/Class B ~ate 08} .OOX 15 = Tax Due 09} . -,,, ""'" ""'..."'.~ II T+J AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) 12-15-2005 CD006106 .00 ll,491.07 12-15-2005 CD006107 .00 3,368.94 1l-03-2006 CD007387 .00 7,754.33 ANCE OF UNPAID INTEREST/PENALTY AS OF 1l-04-2006 TOTAL TAX CREDIT 22,614.34 BALANCE OF TAX DUE .00 INTEREST AND PEN. 474.07 TOTAL DUE 474.07 BAL 568,776.61 66,235.70 502,540.91 .00 502,540.91 .00 22,614.34 .00 .00 22,614.34 II IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. ( IF TOTAL DUE IS LESS THAN .1. NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) 4 BOARD OF APPEALS POBox 281021 HARRISBURG. PA 17128-1021 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE ,.. . .., TAYLOR P ANDREWS ESO ANDREWS & JOHNSON 78 W POMFRET ST CARLISLE PA 17013-3216 IN RE ESTATE OF: RABENSTINE CHARLES E DOCKET NO. : TAX TYPE: APPEAL TYPE FILE NUMBER: ACN: APPRAISEMENT: PETITION FILED: EXAMINER: MAILING DATE: DECISION AND ORDER 0700693 Inheritance Protest 2105-0277 101 12/18/2006 1/9/2007 SHAWN E YOUNG Direct Dial: (717) 783-7894 Fax: (717) 787-7270 Email:shyoung@state.pa.us July 18, 2007 The Department issued an appraisement and assessment dated December 18. 2006, which imposed interest on the tax due from the delinquent date, December 15, 2005, to the date of payment, November 3, 2006. Petitioner is protesting the imposition of interest by arguing that the estate was not entitled to a refund of decedent's investment in a cottage at a retirement community until the cottage was resold. Petitioner further states that the refund of the cottage investment was a mere expectancy and not an asset of the estate until the cottage was resold. Section 2143 of the Inheritance and Estate Tax Act of 1991 allows for the adjustment or abatement of interest when the payment of inheritance tax has not been made because of litigation or other unavoidable cause of delay. The term "litigation or other unavoidable cause of delay" is found in existing law and is interpreted to require good faith litigation arising from an honest disagreement. Husband's Est., 316 Pa. 361 (1934). In the instant case, the retirement community and the estate did not disagree on the - RABENSTINE CHARLES E BOARD DOCKET NO. 0700693 Page 2 of 2 . .. , . t amount of the refund; only the date of payment was in question. Since there is no evidence that the decedent's assets were the subject of litigation and since the circumstances surrounding the failure to pay the tax liability in a timely manner do not constitute "unavoidable cause of delay" within the meaning of the Statute, the Board is without statutory authority to grant the relief requested. Accordingly, it is hereby Ordered that the protest is denied. The Department's appraisement and assessment shall stand as filed. FOR THE BOARD OF APPEALS JOSEPH R. SLEEK, MEMBER A STATEMENT OF ACCOUNT WILL BE MAILED TO YOU BY THE BUREAU OF INDIVIDUAL TAXES. ANY APPEAL FROM THIS DECISION MUST BE FILED WITH THE ORPHANS' COURT WITHIN SIXTY (60) DAYS OF RECEIPT OF THIS DECISION. IF YOU REQUIRE THIS INFORMATION IN AN ALTERNATE FORMAT UNDER THE PROVISIONS OF AMERICANS WITH DISABILITIES ACT OF 1990, PLEASE CALL (717) 783-3664, OR FOR SERVICES FOR TAXPAYERS WITH SPECIAL HEARING AND SPEAKING NEEDS: 1-800-447-3020 (TT ONLY). -