Pennsylvania HB1684 amends inheritance tax laws to specify appraisement timelines and deduction allowances.
Pennsylvania HB1684 modifies the inheritance tax provisions concerning appraisement and deductions. It mandates the Department of Revenue to supervise fair and reasonable property appraisements within sixty days of a return filing. If not completed, the appraisal must be made within an additional period set by the court. The bill also outlines that deductions exceeding $100 in aggregate are not allowed. The determination of deductions must be made within sixty days of a claim being filed, unless suspended until audit.
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