2002 Minnesota Statutes

     291.03 Rates. 

    Subdivision 1.    Tax amount.  The tax imposed shall be 
 an amount equal to the proportion of the maximum credit computed 
 under section 2011 of the Internal Revenue Code for state death 
 taxes as the Minnesota gross estate bears to the value of the 
 federal gross estate.  For a resident decedent, the tax shall be 
 the maximum credit computed under section 2011 of the Internal 
 Revenue Code reduced by the amount of the death tax paid the 
 other state and credited against the federal estate tax if this 
 results in a larger amount of tax than the proportionate amount 
 of the credit.  The tax determined under this paragraph shall 
 not be greater than the federal estate tax computed under 
 section 2001 of the Internal Revenue Code after the allowance of 
 the federal credits allowed under section 2010 of the Internal 
 Revenue Code of 1986, as amended through December 31, 2000. 

    Subd. 2. Repealed, 2002 c 377 art 12 s 18 

    Subd. 3. Repealed, 1Sp1985 c 14 art 13 s 14 

    Subd. 4. Repealed, 1Sp1985 c 14 art 13 s 14 

    Subd. 5. Repealed, 1Sp1985 c 14 art 13 s 14 

    Subd. 6. Repealed, 1Sp1985 c 14 art 13 s 14 

    Subd. 7. Repealed, 1Sp1985 c 14 art 13 s 14 

    HIST: (2293) 1905 c 288 s 2; 1911 c 372 s 2; 1913 c 455 s 1,2; 
 1919 c 410 s 2a; 1927 c 205 s 1,2; 1939 c 338 s 2a; 1943 c 504 s 
 3; Ex1959 c 70 art 4 s 1; 1963 c 107 s 1; 1973 c 185 s 2; 1976 c 
 320 s 1; 1979 c 303 art 3 s 4; 1980 c 439 s 7; 1981 c 49 s 3; 
 3Sp1981 c 2 art 6 s 3; 1982 c 523 art 26 s 3; 1983 c 222 s 23; 
 1Sp1985 c 14 art 13 s 3; 2002 c 377 art 12 s 12; 2002 c 400 s 11