Tax payable
75.1(1)A tax determined in accordance with Schedule A is payable to the Crown in right of the Province by the estate of a deceased person in respect of the following:
(a)
on every grant of probate or letters of administration not being a grant for special or limited purposes, double probate or administration
de bonis non administratis;
(b)
on every passing of accounts, including all services in connection with the passing of accounts.
75.1(2)Where tax is payable on the value of the estate of the deceased, it shall be calculated on the value of the whole estate, including the real property as well as the personal estate.
75.1(3)In calculating the value of the real property there shall be deducted the actual value of any encumbrance on the real property.
1999, c.29, s.5; 2023, c.17, s.209