RS 2437 - Installment payments
A. The secretary may enter into an agreement with the estate of a decedent for the payment of the inheritance tax and estate transfer tax due to the state of Louisiana on an installment basis.
B. This agreement may be entered into only if the estate of the decedent meets the criteria of rules and regulations established by the secretary.
C. The agreement shall provide for the payment of legal interest on the installment payments in accordance with R.S. 13:4202 from the date the taxes became due under the provisions of R.S. 47:2425 and 2432.
Acts 1991, No. 244, §1, eff. July 2, 1991.