58.1-922 - Dispute as to domicile; compromise agreement. - Virginia Statutes

§ 58.1-922. Dispute as to domicile; compromise agreement.

When the Tax Commissioner claims that a decedent was domiciled in thisCommonwealth at the time of his death and the taxing authorities of otherstates make a like claim on behalf of their states, the Commissioner may makea written agreement of compromise with the other taxing authorities and theexecutor or administrator of such decedent that a certain sum shall beaccepted in full satisfaction of any death taxes imposed by thisCommonwealth, including any interest or penalties to the date of signing ofthe agreement. The agreement shall also fix the amount to be accepted by theother states in full satisfaction of death taxes. The executor oradministrator of such decedent is hereby authorized to make such agreement.Unless the tax so agreed upon is paid within sixty days after the signing ofsuch agreement, interest or penalties shall accrue upon the amount fixed inthe agreement, but the time between the decedent's death and the signing ofsuch agreement shall not be included in computing the interest or penalties.

(Code 1950, § 58-238.27; 1978, c. 838; 1984, c. 675.)