Any fiduciary who conducts or is liquidating the business or is selling the assets of any company subject to tax under section 12-587 shall be subject to requirements related to filing returns and to payment of taxes imposed under said section in the same manner and to the same extent as if the business were being conducted or liquidated or assets sold by agents or officers of such company. The return of any fiduciary who has been appointed during a taxable quarter or following such quarter but on or before the last day upon which a return may be filed for such quarter without penalty, shall include complete information with respect to that part of such quarter during which the company conducted the business as well as that part of such quarter in which such fiduciary was acting and taxes shall be paid by such fiduciary for both parts of such quarter.
(P.A. 80-71, S. 2, 30.)
History: P.A. 80-71 effective July 1, 1980, and applicable to calendar quarters commencing on or after that date.
Structure Connecticut General Statutes
Chapter 227 - Sale of Petroleum Products Gross Earnings Tax
Section 12-587. - Definitions. Imposition of tax. Rate. Returns and filing; due date.
Section 12-588. - Conduct of business subject to tax by fiduciary.
Section 12-589. - Refunds of overpayment of tax. Interest.
Section 12-590. - Penalty for failure to pay tax when due. Waiver of penalty.
Section 12-591. - Penalties for wilful violations of requirements in this chapter.
Section 12-592. - Inquiries, investigations or hearings related to the tax.
Section 12-593. - Deficiency assessments and related penalties. Extension of time for assessment.
Section 12-595. - Application for hearing by taxpayer. Hearings ordered by commissioner.
Section 12-596. - Abatement of uncollectible tax.
Section 12-597. - Appeals by taxpayer.
Section 12-598. - Tax on gross earnings in a fiscal year received after the end of such year.
Section 12-600. - Taxes to be paid before instituting action on tax in court.