Mass. Gen. Laws ch. 65 § 12

Current through Chapter 223 of the 2024 Legislative Session

Section 65:12 - Payment of tax out of capital, not income

All taxes under this chapter shall be paid out of and chargeable to capital and not income, unless otherwise provided in a will or codicil, or deed or other instrument creating the grant or gift; but this provision shall not affect any right of the commonwealth to collect such tax, or any lien therefor.

Mass. Gen. Laws ch. 65, § 12