Tennessee § 67-8-204 - Tax imposed.
Full text of Tennessee Tennessee Code Annotated § 67-8-204 — Tax imposed., with citation guidance and answers to common questions.
§ 67-8-204. Tax imposed.
In addition to any inheritance, succession and/or estate tax or taxes imposed by the state of Tennessee under the authority of any other statute or statutes, a Tennessee estate tax is imposed for the exclusive use of the state upon the transfer of the Tennessee estate of every decedent, the amount of which Tennessee estate tax shall be equal to the extent, if any, of the excess of the credit over the aggregate of state taxes, payable by or out of the Tennessee estate of the decedent, or any part thereof; provided, that such Tennessee estate tax imposed shall in no case exceed the extent to which its payment will effect a saving or diminution in the amount of the federal estate tax, payable by or out of the estate of the decedent had this part not been enacted. Acts 1929 (Ex. Sess.), ch. 23, § 2; Code 1932, § 1297; T.C.A. (orig. ed.), § 30-1702. Cross-References. Effect of gift tax, § 67-8-117 . Textbooks. Pritchard on Wills and Administration of Estates (4th ed., Phillips and Robinson), § 971. Tennessee Jurisprudence, 23 Tenn. Juris., Taxation, § 64. Law Reviews. Inheritance and Gift Taxes — Revised (Steven A. Rajtor), 16 Tenn. B.J. 25 (1980).
Frequently Asked Questions About Tennessee § 67-8-204
What does Tennessee Code Annotated § 67-8-204 cover?
Section 67-8-204 ("Tax imposed.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 67-8-204?
A common citation format is "Tennessee Code Annotated § 67-8-204" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 67-8-204 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.