Untitled Texas Attorney General Opinion

Iknorable Robert S. Calvert Opinion No. (C-4-03) Comptroller’of Public Accounts Austin, Texas Re: Whether, under submitted facts, the corpus of two ,trusts are subject to Inheritance Taxes under Chapters~ 14 and 15, Volume 20A, Vernon's Dear Mr. Calvert: Civil Statutes. In connection with your request for an opinion of ‘this office on then above captioned matter, we have been :advised of the following facts. :;. William C. Springer, a resident of Pinehurst, Montgomery County, Texas, died on July 3, 1964, at whlc~h time he was less than three years' of age. The decedent was a beneficiary of two trusts, the “William C. Springer 1962 Trust” and the “Wllllam C. Springer 1963 Trust". These Trusts were created by the decedent's great-grandmother. The terms oft the two Trusts are Identical. The corpus of the 1962 Trust had a value of approx- 1 imately $88,000.00 at the date of the decendent’s death, and the corpus of the 1963 Trust was worth approximately $102,500.00 on that date. The pertinent portions of~paragraphs Two of both Trust Agreements are the following: *.. : ., \ " 'If the beneficiar dies before attain- ing twenty-one (21 T years of age, upon ,, the beneficiaryIs death, such Trust shall terminate and such Trust Estate shall be distributed to such one or- more persons and corporations in such shares, manner, and proportions as the beneficiary may'appoint by ri.11. Any portion of such Trust Estate not effectively appointed shall be dls- tributed upon the beneficiary's death to the issue of the beneficiary, btit if none of the beneficiary's issue is then living, to the issue of the parent of the beneficiary, which parent was one of Trustor's issue. . . ." -1903- - . Honorable Robert S. Calvert, Page 2 Opinion No. (C-403) Both Paragraphs Four of the Trust Agreements provide that if any portion of the Trust Estates which, in default of appointment upon the termination of the Trusts, would be dis- tributed to a person who has not attained twenty-one years of age, such portion would be retained by the Trustee, in trust, as a Trust Estate of a separate and distinct Trust for such person until such person attains the age of twenty-one years at which time the Trust shall terminate and distribution of the corpus shall be made to the person entitled thereto. The decedent having died intestate and without issue, proportionate distributions have been made to Trusts for the decedent’s brothers and sister. The attorneys for the estate have submitted a Brief In support of their position that no death taxes have ~accrued under either Chapter 14 or. Chapter 15 of Title 122A, Taxation-General, Vernon’s Civil Statutes. We agree that no inheritance taxes accrued under the provisions of Article 14.01 which enumerates the transfers which are sub- ject to State Inheritance taxes. As pointed out :in Calvert v. Fort Worth National Bank, 163, Tex. 405, 356 S.W.2d.918, 921 ‘(1962) : !‘When the’Legislature intended to tax the succe~sslon to property other than that owned by the ~decedent at the time of his death, such inten-. tion is plainly and unequivocably / stated. ” ,~ .’ _- the decedent but subject, upon passing, f~~~“K;;;d;~““(“1T property passing under a general power of appointment exercised by the decedent by will; (2) certain life-insurance proceeds; (3) transfers made or intended to take effectin possession or enjoyment after the death of the grantor or donor and (4) transfers ink contemplation of death. In the instant case,.the corpus of the Trusts did not pass by any of the enumerated taxable transfers. :,Therefore no inheritance taxes are due under the provisions of Chapter 14. We p~ass now to a consideration of whether any death taxes are due the State under the provisions of Chapter 15. The attorneys for the estate have advised us that a Federal Estate Tax will be due upon the decendent’s estate; but they take the the position that Inasmuch as no inheritance taxes have accrued under the provisions of Chapter 14, no tax is due under the provisions of Chapter 15. In support of this position, they rely upon Article 15.01 and Article 15.04. Article 15.01 reads, in part, a,s follows: -1904- Honorable Robert S. Calvert, Page 3 Opinion No. (C-403) n . an Inheritance . . and transfer tax is hereby levied upon the net Estate of every decedent. . D whose Estate, or any portion theresf. . . is made taxable under the Inheritance Tax Laws of this State." Article 15.04 reads'as follows: "Where no inheritance tax is imposed on an estate, which is situated in this State, under the laws of this State, by reason of Its value not exceeding in value,t.he amount of exemptions, and an estate tax Is imposed on such estate by the Federal Government, then there shall be, and is hereby levied and shall be collected from such estate, an Inheritance or transfer tax sufficient In amount to equal eighty per cent (80%) of said tax Imposed by the Federal Government under the Revenue Act of 1926,~on that portion of said estate which is situated in the State of Texas. "In computing and determining the rate of the tax in such cases named ' partition and distribution among the joint or several owners of same, ano said tax shall be due and payable and shall be subject to the same Interest and penalties for nonpayment, as are other inheritance taxes under the pro- visions of the inheritance tax laws of the State." (Emphasis supplied throughout) -1905- .. , Honorable Robert S. Calvert, Page 4 Opinion No. (C- 403) It is true that Chapter 15 is entitled "Additional Inheri- +,znr,e Tw!' ad. that some of the language used fn Chapter 15 with reference to "inheritance" taxes is misleadfng in the sense thdt Chauter 15 is an estate tax rather than an inheritance tax. Sim‘co v. Shirk, 144 Tex. 259* 206 S.W.2d 221 (1947); Sinnott v. : Gldna -- 1:i9x. 366, 322 S.W.2d 507 (1959). Articles 15.01 a nd 12.04 are not entirely inaccurate, however, as they refer to a transfer" tax which is the essence of an estate tax. It's subject matter is "the exercise of the legal power of transmission of property, 0 0n0 Stebbins 286 U.S. 137, 141 (1925). Whereas an Inheritance tax Is levied upon . "the right to receive as distinguished from the right of- transfer. 0 0"0 Rethea v. Shenpard, 143 S.W,2d 997 (Tex.Clv. App. 1940, error ref.) A brief examination of the history that led to the enact- ment of Chapter 15 conclusively establishes the nature of the tax. For a good many years there had been considerable opposi- tion to the Federal Government's invasion of the death tax field. Roth the Federal Inheritance Tsxand the 1916 Estate Tax Act had been attacked unsuccessfully as an invasion of the Dower of the States to reaulate the transmission of nrouerty it death. Knowlton v. MO&e, 1'78 U.S. 41 (1900), New York - v 256 U.S. 345 (1941). In 1924 Congress enacted the first so-called "credit" nrovision. Rev. Act. of 1924, Sec. 301(b), By the terms of this provision, the tax- payer was allowed "credit" for State taxes paid on transfers of pro erty which were within the scope of the Federal law. The 258 allowable credit under this Act was increased to 80% by the Revenue Act of 1926, Sec. 301(b). This amount of allowable credit has not been increased by subsequent revisions of the Federal Estate Tax and is still referred to as a credit against the basic Federal tax. The wording of the "credit" provision in the Federal Act requires that the estate, inheritance, legacy or succession taxes must have been actually paid to the State'bef'ore the taxpayer may deduct such amount from the total Federal tax. Whenever the full amount of the allowable 8G$ is not taken up by State taxes, the taxpayer's "credit" is reduced accordingly tith the result, in theory, at least, that he pays the same amount regardless of the eventual disposition of that amount between the State and the Federal Government. After the enactment of the credit provision, most States passed laws designed to take advantage of the provision. The Texas Statute, presently embodied in Chapter 15, was first ;yted in 1933. Acts 1933, 43rd Leg., pa 581, Ch. 192, Sec. . Article 15.01 specifically provides for the levying of the tax in the following terms: -X9?6- Honorable Robert S. Calvert, Page 5 Opinion No. (C-403) *Said tax shall be, and is, levied upon the entire net value of the taxable estate of the decedent situated and taxable In the State of Texas, and the tax on each such estate shall be equal to the difference between the sum of such taxes due this State as inheritance or transfer taxes and eighty per cent (80%) of the total sum of the estate and transfer taxes imposed on such estate by the United States Govern- ment under the Revenue Act of 1926, by reason of the property of such estate which is situated in this State and taxable under the laws of this State." Thus, the amount of the tax is a fixed percentage of an amount which is determined by the basic Federal Tax; and the provisions of the Federal law, not the provisions of the Texas law, determine every step to be takenin computing the total tax figure. In State v. Wiess, 141 Tex. 303, 171 S.W 2d 848 (1943), the court held that the terms "net estate" and "gross estate" as used in Article 714&a (presently Article 15.01) must be given the same meaning as they sre given In the Federal Act. At page 851 of the opinion, the Court said: * .Since it is evident on the fici of our statute that It is intended to take full advantage of the Federal Revenue Act of 1926, and is intended to tax all property in this State, covered by such Federal Revenue Act, we must look to the Federal Revenue Act to ascertain the meaning of the term 'net estate' as used in our act. . . ." In Sinnott v. Gidney, sunra,the court was concerned with the construction of a will for the purpose of determining, among other things, whether the burden of payment of estate taxes fell on the residuary devise. In that case, the estate situated in Texas did not exceed the exemptions allowed by law and no basic inheritance tax was payable. The tax assessed had been assessed and paid under the provisions of Article 714&a, Vernon's Civil Statutes, presently carried in Chapter 15. -1907- 'Honorable Robert S. Calvert, Page 6' Opinion No. (C-403) In the course of its determination of the questions under consideration, the court made the following statement with regard to Section 4 of Article ,7144a, which is now Article 15.04, the very Article upon which the taxpayer's attorney relies: n . . .Section 4 deals with the situation in which there is no basic inheritance tax liabllfty. Unlike Section 2, it contains no apportionment provision and simply requires that the tax be paid out of the whole of the estate before partition and distribution. The tax Imposed by the latter section Is an additional estate tax. As between the beneficiaries of the estate, it is payable out of the same finds or property as the federal estate tax unless the will provides otherwise. See Simi?o v. Shirk, 146 Tex. 259, 206 S.W;2d 221." (at p. 513). The underscored portion of the above statements specifically recognizes that a taxis Imposed even where there Is no basic tax liability and is not limited to cases in which there is no liability by reason of exemptions. ~Likewise, in Simco v. Shirk, supra, no basic inheritance taxes had accrued, however an additional tax had been levied under the provisions of Article 714&a. The specific question before the court was whether the full amount of the tax was due in view of the fact that the taxes already paid to other States, cou led with the amount of the tax levied under Article 714fi a would exceed the total allowable 80% credit. In upholding the tax, the court sald,at page 223,,that Article 7144a was passed by the Legislature "to take advantage of the 80 per cent relinquished by the ~Federal Government." In Strauss 2% S.W.2d 287 (Tex.civ.App. 1952, error ref., n.r.e.) , the court was concerned with the follow- I At the death of a husband, a tax in the amount of $Y%,g% was levied under the provision of Chapter 5A of Title 122, V.C.S., presently Chapter 15. At that time, the Federal Government levied the estate tax against the entire community estate. The State of Texas had received credit for 80% of the amount of the tax imposed on the entire community estate under the provisions of the 1926 Federal Estate Tax Act. Section 813, Title 26, U.S.C.A. -1908- Honorable Robert S. Calvert, Page 7 Opinion No. (C-403) At the death of the wife, who died less than a month after the husband, a deduction was claimed for the tax previously paid at the death of the husband. Article 7125, 20 V.C.S., lists among permissible deductions the following: * . .an amount equal to the value of any property forming a part of the gross estate situated in the United States received from an person who dies'within five (5 7 years prior to the death of the decedent, this deduction, however, to be only In the amount of the value of the property unon which an Inheritance tax was actually & and shall not include any legal exemwtions claimed bv and allowed the h'eirs or legatees of the estate of the prior decedent." The court refused to allow the deduction for the reason that~ the wife's community Interest had not been received from the husband at his death and for the further reason that no inheritance tax had been paid to the State on the receipt of such interest within the last five years under the provisions ..of Chapter 5.. ,,,-. While the Strauss case is not precisely In point since no protest was made at the husband's death as to the tax levied under Chapter 5A, nevertheless the case shows an instance in which the tax was levied not "by reason of . . :the estate’s value not exceeding In va= the amount of exemptions. e ." but solely because the allowable 80% credit' based on the net estate as determined by the Federal Government exceeded any taxes due under Chapter 5. Moreover the Comptroller has advised us that he has never made the above quoted excerpt from Article 15.04 the criterion of tax liability under Chapter 15. It is, of course, well settled that the consistent departmental construction of a statute by the official charged with the administration thereof is entitled to great weight and will not be departed from unless clearly wrong. 53 Tex. Jur.26 259-264, Sec. 177. It is admitted that a Federal Estate Tax will be due upon the-decedent's estate. This being true, the allowable 80% credit will necessarily accrue regardless of the fact that no Inheritance tax accrued under the provisions of Chapter 14. Only thus can the State take full advantage of the Federal Revenue Act of 1926 and comply with the directives and general purpose of Chapter 15. The taxpayer will pay no more because -1909- . .. . Honorable Robert S. Calvert, Page 8 ~~Opinion No. (C-403) if he does not pay the State the tax in question, he will be required to pay the same amount to the Federal Government. SUMMARY ------- The additional estate tax levied under the provisions c&C;~~t;rvl~STitle 122A,, . . ., accrues even though no inheritance taxes have accrued under the provisions of Chapter 14, Title 122A, Tax-Gen., V.C.S. Yours very truly, WAGGONER CARR Attorney General'of Texas HMcQP:dl APPROVED BY OPINION COMMITTEE W. V. Geppert, Chairman J. Arthur Sandlin John Reeves W. 0. Shultz APPRO'.'RD FOR THE ATTORNEY GENERAL BY: Stanton Stone -1910-