Vermont Statutes Annotated — Title 32 (Taxation and Finance)
32 V.S.A. § 7306
No apportionment between temporary and remainder interests
Official textlegislature.vermont.gov
No interest in income and no estate for years or for life or other temporary interest in any property or fund shall be subject to apportionment as between the temporary interest and the remainder. The tax on the temporary interest and the tax, if any, on the remainder shall be chargeable against the corpus of the property or funds subject to the temporary interest and remainder. (
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In this chapter (9 sections)
- 189-7301 · Definitions
- 189-7302 · Apportionment
- 189-7303 · Procedure for determining apportionment
- 189-7304 · Method of proration
- 189-7305 · Allowance for exemptions, deductions, and credits
- 189-7306 · No apportionment between temporary and remainder interests
- 189-7307 · Exoneration of fiduciary
- 189-7308 · Action by nonresident; reciprocity
- 189-7309 · Short title