§ 105-240. Tax upon settlement of fiduciary's account. - North Carolina Statutes

§105‑240.  Tax upon settlement of fiduciary's account.

No final account of afiduciary shall be allowed by the probate court unless such account shows, andthe judge of said court finds, that all taxes imposed by the provisions of thisSubchapter upon said fiduciary, which have become payable, have been paid, andthat all taxes which may become due are secured by bond, deposit, or otherwise.The certificate of the Secretary of Revenue and the receipt for the amount oftax herein certified shall be conclusive as to the payment of the tax to theextent of said certificate.

For the purpose offacilitating the settlement and distribution of estates held by fiduciaries,the Secretary of Revenue, with the approval of the Attorney General, may, onbehalf of the State, agree upon the amount of taxes at any time due or tobecome due from such fiduciaries under the provisions of this Subchapter, andthe payment in accordance with such agreement shall be full satisfaction of thetaxes to which the agreement relates. (1939, c. 158, s. 911; 1973,c.  476, s. 193.)