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Section 12-213. - Definitions. - (a) When used in this chapter, unless the context otherwise...
Section 12-214. - Imposition of tax. Surcharge. - (a)(1) Every mutual savings bank, savings and loan association and...
Section 12-214a and 12-215. - Effective date of subsection (7) of section 12-214. Certain gross rentals to be tax-exempt. - Sections 12-214a and 12-215 are repealed. (1955, S. 1090d; 1957,...
Section 12-216. - Payment of tax by out-of-state corporations. - The tax imposed by this part upon corporations or associations...
Section 12-216a. - Payment of tax by companies having economic nexus with state. Applicability to companies treated as foreign corporations by the Internal Revenue Code. - (a) Any company that derives income from sources within this...
Section 12-217. - Deductions from gross income. Net income and operating loss carry-over of S corporations and combined groups. - (a)(1) In arriving at net income as defined in section...
Section 12-217aa. - Order of credits. - (a) Except as otherwise provided in section 12-217t and subsection...
Section 12-217aaa. - Accumulated research and development tax credits. - (a) As used in this section, (1) “accumulated credits” means...
Section 12-217a and 12-217b. - Deduction for investment in depreciable property. Tax credit for expenditures for water pollution abatement facilities. - Sections 12-217a and 12-217b are repealed. (1963, P.A. 4; February,...
Section 12-217bb. - Tax credit for electric suppliers hiring displaced workers. - Section 12-217bb is repealed, effective July 1, 2013. (P.A. 98-28,...
Section 12-217bbb. - Accumulated research and experimental expenditures tax credits and accumulated research and development tax credits. Innovation investment fund tax credit auction. - (a) As used in this section, (1) “accumulated credits” means...
Section 12-217c and 12-217d. - Tax credit for expenditures for: Air pollution abatement facilities; industrial waste treatment facilities. - Sections 12-217c and 12-217d are repealed, effective July 8, 1997,...
Section 12-217cc. - Tax credit for certain small businesses obtaining financing from federal Small Business Administration. For income years commencing prior to January 1, 2014. - (a) As used in this section, “small business” means any...
Section 12-217dd. - Tax credit for donation of land for open space or educational use. - (a) For purposes of this section: (1) “Donation of open...
Section 12-217e. - Tax credits for certain manufacturing, service and eligible facilities. No credit to be first claimed for income years commencing on or after January 1, 2018. - (a) There shall be allowed as a credit against the...
Section 12-217ee. - Refund of unused credits under sections 12-217j and 12-217n. - (a) Any taxpayer that (1) is a qualified small business,...
Section 12-217f. - Tax credit for employers participating in certain state-approved programs combining high school study and part-time employment. - Section 12-217f is repealed, effective July 8, 1997, and applicable...
Section 12-217ff. - Tax credit for donation of land for educational use. No credit allowed on or after January 1, 2013. - (a) For purposes of this section, “donation of land for...
Section 12-217g. - Tax credits for apprenticeship training in manufacturing, construction and plastics-related trades. - (a)(1) There shall be allowed a credit for any taxpayer...
Section 12-217gg. - Tax credit for employment expansion project. - (a) As used in this section: (1) “Approved employment expansion...
Section 12-217h. - Tax credit for expenditures to establish day care facilities for children of employees. - Section 12-217h is repealed effective January 1, 1990, and applicable...
Section 12-217hh. - Tax credit for hiring displaced worker. - Section 12-217hh is repealed, effective July 1, 2013. (P.A. 06-186,...
Section 12-217i. - Tax credits for investments in vehicles powered by clean alternative fuels or electricity, for construction of or improvements to alternative fuel filling stations and for converting motor vehicles to utilize alternative fuels. For... - (a) There shall be allowed a credit for any taxpayer...
Section 12-217ii. - Jobs creation tax credit program. No eligibility certificates issued on or after January 1, 2012. - (a) As used in this section: (1) “Commissioner” means the...
Section 12-217j. - Tax credit for research and experimental expenditures. - (a) There shall be allowed as a credit against the...
Section 12-217jj. - Film production tax credit. Regulations. - (a) As used in this section: (1) “Commissioner” means the...
Section 12-217k. - Tax credit for employee training. - Section 12-217k is repealed, effective July 8, 1997, and applicable...
Section 12-217kk. - Tax credit for infrastructure projects in the entertainment industry. Regulations. - (a) As used in this section: (1) “Commissioner” means the...
Section 12-217l. - Tax credit for expenditures for grants to institutions of higher education for research and development related to technological advancements. - Section 12-217l is repealed, effective July 1, 2013. (P.A. 92-193,...
Section 12-217ll. - Tax credit for digital animation production companies. Regulations. - (a) As used in this section: (1) “Commissioner” means the...
Section 12-217m. - Tax credit for taxpayers occupying new facilities and creating new jobs. - Section 12-217m is repealed, effective July 8, 1997, and applicable...
Section 12-217mm. - Tax credit for green buildings. No initial credit voucher issued after November 30, 2017. - (a) As used in this section: (1) “Allowable costs” means...
Section 12-217n. - Rolling tax credit for research and development expenses. Carryforward limit. - (a) There shall be allowed as a credit against the...
Section 12-217nn. - Qualified small business job creation tax credit program. No credit allowed in income years commencing on or after January 1, 2013. - (a) As used in this section: (1) “Commissioner” means the...
Section 12-217o. - Tax credit for machinery and equipment expenditures. - There shall be allowed as a credit against the tax...
Section 12-217oo. - Vocational rehabilitation job creation tax credit program. No credit allowed for income years commencing on or after January 1, 2012. - (a) As used in this section: (1) “Commissioner” means the...
Section 12-217p. - Tax credits for taxpayer providing housing for low and moderate income employees. - Section 12-217p is repealed, effective June 7, 2006. (P.A. 93-74,...
Section 12-217pp. - Job expansion tax credit program. No credit allowed for new jobs created on or after January 1, 2014. - (a) As used in this section: (1) “Commissioner” means the...
Section 12-217q and 12-217r. - Tax credit for expenditures for: Construction of or improvements to alternative fuel filling stations; converting motor vehicles to utilize alternative fuels. - Sections 12-217q and 12-217r are repealed, effective April 13, 1995,...
Section 12-217qq. - Tax credit for employers making certain student loan payments. - (a) As used in this section: (1) “Authority” means the...
Section 12-217s. - Tax credit for expenditures related to traffic reduction programs. - There shall be allowed as a credit against the tax...
Section 12-217t. - Tax credit for personal property taxes paid on electronic data processing equipment. - (a) There shall be allowed as a credit against the...
Section 12-217u. - Tax credit for financial institutions constructing new facilities and creating new jobs. For income years commencing prior to January 1, 2014. - (a) For purposes of this section: (1) “Commissioner” means the...
Section 12-217v. - Tax credit for qualifying corporations in enterprise zones. - Section 12-217v is repealed, effective July 1, 2018. (P.A. 96-239,...
Section 12-217w. - Tax credit for investment in fixed capital. - (a) For purposes of this section, “fixed capital” means tangible...
Section 12-217x. - Tax credit for human capital investment. - (a) For purposes of this section, “human capital investment” means...
Section 12-217y. - Tax credit for employing persons who are receiving benefits from the temporary family assistance program. - Section 12-217y is repealed, effective June 18, 2013. (P.A. 97-295,...
Section 12-217z. - Business Tax Credit and Tax Policy Review Committee. - (a) There is established a Business Tax Credit and Tax...
Section 12-217zz. - Limit on credits under this chapter. - (a) Except as otherwise provided in subsection (b) of this...
Section 12-218. - Apportionment of net income. - (a) Any taxpayer which is taxable both within and without...
Section 12-218a. - Apportionment of tax on insurance company. - (a) Except as provided in subsection (b) of this section,...
Section 12-218b. - Apportionment of net income of financial service companies. - (a) For purposes of this section: (1) “Administrative services” includes,...
Section 12-218c. - Restrictions on the deductibility of certain intangible expenses and interest expenses with a related member. - (a) As used in this section: (1) “Affiliated group” has...
Section 12-218d. - Restriction on the deductibility of interest expenses or costs related to certain transactions with related members. - (a) As used in this section: (1) “Affiliated group” has...
Section 12-218e. - Combined group's net income. Apportionment percentage. Net operating loss. Carryover. Additional tax base. Nexus combined base tax. - (a) For purposes of this chapter, the combined group's net...
Section 12-218f. - Combined group determined on world-wide basis, affiliated group basis or water's-edge basis. Tax havens. - (a) For purposes of this section, “affiliated group” means an...
Section 12-218g. - Net deferred tax liability and assets. Deductions. - (a) For purposes of this section, “net deferred tax liability”...
Section 12-219. - Capital base tax. Phase-out. Surcharge. - (a)(1) Each company subject to the provisions of this part...
Section 12-219a. - Apportionment of tax base in and out of state. Insurance companies excepted. - (a) If a taxpayer is taxable both within and without...
Section 12-219b. - Election with respect to apportionment of net income. - (a) With respect to the taxation under this chapter in...
Section 12-220 to 12-221. - Allocation of minimum tax base. Apportionment of additional tax. Allocation in special cases. - Sections 12-220 to 12-221, inclusive, are repealed. (1949, Rev., S....
Section 12-221a. - Petition for alternative method of apportionment. Regulations. - (a) If the method of apportionment prescribed in sections 12-218,...
Section 12-222. - Annual return. Designated taxable member of combined group. Duties. - (a) Each company subject to the tax imposed under this...
Section 12-223. - Returns of affiliated corporations. - Section 12-223 is repealed. (1949 Rev., S. 1904; P.A. 73-350,...
Section 12-223a. - Combined corporation business tax return. - (a) Subject to the provisions of subsection (e) of this...
Section 12-223b. - Intercompany rents and business receipts. - (a) Intercompany rents shall not be included in the computation...
Section 12-223c. - Minimum tax in combined return. - Each corporation included in a combined return under section 12-223a...
Section 12-223d. - Assessments against one or more taxpayers in combined return. - In case a combined return is made as provided by...
Section 12-223e. - Readjustment of taxes on revision of combined return. - If revision shall be made of a combined return under...
Section 12-223f. - Preference tax due from corporations filing a combined return. - (a) Notwithstanding the provisions of sections 12-223a to 12-223e, inclusive,...
Section 12-224. - Return of fiduciary. - Any fiduciary who conducts or is liquidating the business or...
Section 12-225. - Supplemental and amended returns. Refund claim. - (a) Any company which, either intentionally or through error, fails...
Section 12-226. - Correction of returns; additional tax; refunds. - (a)(1) Any company whose income, profits or earnings are changed,...
Section 12-226a. - Adjustments by the commissioner. Regulations. - If it appears to the Commissioner of Revenue Services that...
Section 12-227. - Interest on refunds. - (a) To any refunds granted as a result of overpayment...
Section 12-228. - Refunds to be made from General Fund. - Section 12-228 is repealed. (1949 Rev., S. 1908; 1959, P.A....
Section 12-229. - Failure to pay tax or make return. Penalty. Waiver of penalty authorized. - (a) If any company fails to pay the amount of...
Section 12-230. - Forfeiture of corporate rights for failure to make returns. - Any corporation required to file a return with the commissioner...
Section 12-231. - Penalties for wilful violation of requirements related to payment of tax or delivery of documentation. - (a) Any person required under this part to pay any...
Section 12-231a. - Formation of insurance company affiliate of holding company to evade tax. - If the commissioner finds in respect of an income year...
Section 12-232. - Authority to take testimony under oath; subpoenas. - The commissioner and any agent of the commissioner authorized to...
Section 12-233. - Examination of returns by commissioner. Deadlines for mailing deficiency assessments. Penalties for deficiencies. Payment by taxpayer. - (a)(1) The commissioner shall examine the tax return filed under...
Section 12-234. - Settlement with Treasurer. - All funds received by the Commissioner of Revenue Services under...
Section 12-235. - Delinquent taxes; interest; collection. - To any taxes which are assessed under section 12-233, there...
Section 12-235a. - Disallowance of credits if taxes due and unpaid. - The Commissioner of Revenue Services may disallow any credit otherwise...
Section 12-236. - Hearing by commissioner. - Any taxpayer, aggrieved by the action of the commissioner or...
Section 12-237. - Appeal. - Any taxpayer aggrieved because of any order, decision, determination or...
Section 12-238. - Abatement of taxes. - Section 12-238 is repealed, effective April 13, 1995. (1949 Rev.,...
Section 12-239. - Abatement of taxes on motor bus company in receivership. - The Commissioner of Revenue Services, upon the advice of the...
Section 12-240. - Publication and disclosure of information. - The Commissioner of Revenue Services shall publish in his annual...
Section 12-241. - Tax to be in lieu of other taxes. - The taxes imposed by this part, and in the case...
Section 12-241a. - Definition. - As used in section 12-241, “Connecticut motor bus company” means...
Section 12-242. - Regulations. - The Commissioner of Revenue Services may prescribe regulations and make...
Section 12-242a to 12-242c. - Definitions. When declaration of estimated tax required. Installment payment on estimated tax. - Sections 12-242a to 12-242c, inclusive, are repealed, effective July 1,...
Section 12-242d. - Installment payment of estimated tax. Interest on under payments. - (a) For purposes of this section, there shall be four...
Section 12-242e. - Disposition of installments. - The amount of every installment of estimated tax, or payment...
Section 12-242f. - Obligations of fiduciary. - Any fiduciary who conducts or is liquidating the business or...
Section 12-242g. - Overpayments. - (a) If a company has paid as an installment of...
Section 12-242h. - Regulations. - The Commissioner of Revenue Services may prescribe regulations and make...
Section 12-242i. - Declaration as return. - For all purposes of section 12-240, a declaration shall be...