Article 44 Act on Direct Taxes in the Canton of Uri (Tax Act, StG) (Steuergesetz, StG) - Special Cases: Liquidation Gains

1. If self-employment is permanently ceased after the completion of the 55th year of age or due to the inability to continue as a result of disability, the sum of the hidden reserves realized in the last two business years shall be taxed separately from the remaining income as capital benefits from pension plans according to Article 45. Purchase contributions according to Article 38, paragraph 1, letter d are deductible.

2. Paragraph 1 also applies to the surviving spouse, other heirs, as well as the legatees, provided they do not continue the business they have inherited. The tax assessment shall be completed no later than five calendar years after the end of the year of death of the testator.