The taxes imposed under this division, less the credits allowed under section 422.12, shall be reduced by an agricultural assets transfer tax credit as allowed under section 16.80.

Section stricken and rewritten

2006 Acts, ch 1161, §3, 7; 2007 Acts, ch 161, §14, 22; 2013 Acts, ch 125, §20, 23, 24; 2014 Acts, ch 1080, §86, 98, 118, 125; 2017 Acts, ch 29, §165

Referred to in §16.80, §422.5, §422.16