Connecticut General Statutes
Title 12 - Taxation
Chapter 228b - Controlling Interest Transfer Tax

Section 12-638a. - Definitions. - As used in this chapter, (1) “commissioner” means the Commissioner...

Section 12-638b. - Tax on transfer of controlling interest in entity possessing real property. Rate of tax applied to the value of the real property. - (a)(1) There is hereby imposed a tax on the sale...

Section 12-638c. - Filing return and payment of tax. Penalty and waiver provisions. Regulations. - (a) On or before the last day of the month...

Section 12-638d. - Examination of records. Deficiency assessment. Penalty. Limitation of assessment period. - (a) The commissioner may examine the records of any entity...

Section 12-638e. - Excess payments. - Section 12-638e is repealed, effective April 13, 1995. (P.A. 89-251,...

Section 12-638f. - Claims for refund. - (a) Any person believing that he has overpaid any taxes...

Section 12-638g. - Wilful violations. Penalties. - (a) Any entity required under this chapter to pay any...

Section 12-638h. - Records. Examinations. Hearings. Testimony. - (a) The Commissioner of Revenue Services may require all entities...

Section 12-638i. - Application to commissioner for hearing. - (a) Any taxpayer, aggrieved by the action of the commissioner...

Section 12-638j. - Collection of tax. State lien against real estate as security for tax. - The amount of any tax, penalty or interest due and...

Section 12-638k. - Certain portion of tax collected to be remitted to town in which the real property is located. - (a) On or before the first day of the fourth...

Section 12-638l. - Additional tax imposed with that under section 12-638b when the real property conveyed is classified as open space, maritime heritage, farm or forest land at the time of transfer. - (a) Any land which has been classified by the record...

Section 12-638m. - Payment of tax imposed by section 12-638l. Classification of the land terminates automatically. - The tax imposed by section 12-638l shall be due and...

Section 12-638n. - Transfers not subject to the tax under section 12-638l. - The provisions of section 12-638l shall not be applicable to...

Section 12-638o. - Filing and collection provisions related to the tax under sections 12-638l to 12-638n, inclusive. - The provisions of sections 12-638a to 12-638k, inclusive, pertaining to...

Section 12-638p. - Certain records to be kept by any entity with respect to which a sale or transfer of controlling interest in such entity is subject to tax under this chapter. - Any entity with respect to which there is a sale...