Tarver v. Bailey

CRAIN, Judge.

In June, 1986, heirs and/or legatees of the estate of decedent, Fairfax Foster Bailey (Estate) filed an Inheritance and Estate Transfer Tax Return estimating state inheritance taxes and interest in the sum of $5,142,654 and remitted that amount with the return. The State Department of Revenue and Taxation of the State of Louisiana (Department) “assessed” the Estate an additional sum of $278 in August, 1986 which was duly paid by the Estate. In March, 1989, a subsequent “assessment” of $1,207,921.68 was made against the Estate by the Department which the Estate and legatees…