Probate & Trust Law Section Conference Manual ... - Minnesota CLE

05/20/13 HOUSE RESEARCH ANALYST JM CCR_ART_7
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(5) in the case of a trust return:
(i) the trustee or trustees, jointly or separately; and
(ii) any beneficiary of the trust as shown in the trust instrument;
(6) if liability has been assessed to a transferee under section 270C.58, subdivision
1, the transferee is the data subject with regard to the returns and return information
relating to the assessed liability;
(7) in the case of an Indian tribal government or an Indian tribal government-owned
entity,
(i) the chair of the tribal government, or
(ii) any person authorized by the tribal government; and
(8) in the case of a successor as defined in section 270C.57, subdivision 1, paragraph
(b), the successor is the data subject and information may be disclosed as provided by
section 270C.57, subdivision 4.; and
(9) in the case of a gift return, the donor.
EFFECTIVE DATE. This section is effective the day following final enactment.
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Sec. 3. Minnesota Statutes 2012, section 289A.10, subdivision 1, is amended to read:
Subdivision 1. Return required. In the case of a decedent who has an interest in
property with a situs in Minnesota, the personal representative must submit a Minnesota
estate tax return to the commissioner, on a form prescribed by the commissioner, if:
(1) a federal estate tax return is required to be filed; or
(2) the sum of the federal gross estate and federal adjusted taxable gifts made within
three years of the date of the decedent's death exceeds $1,000,000.
The return must contain a computation of the Minnesota estate tax due. The return
must be signed by the personal representative.
EFFECTIVE DATE. This section is effective for estates of decedents dying after
December 31, 2012.
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Sec. 4. Minnesota Statutes 2012, section 291.005, subdivision 1, is amended to read:
Subdivision 1. Scope. Unless the context otherwise clearly requires, the following
terms used in this chapter shall have the following meanings:
(1) "Commissioner" means the commissioner of revenue or any person to whom the
commissioner has delegated functions under this chapter.
(2) "Federal gross estate" means the gross estate of a decedent as required to be valued
and otherwise determined for federal estate tax purposes under the Internal Revenue Code.
Article 7 Sec. 4. 2