Connecticut · statute · Conn. Gen. Stat. ch. 208 · 102 active provisions
(a) When used in this chapter, unless the context otherwise requires: (1) “Taxpayer” and “company” mean any corporation, foreign municipal electric utility, as defined in section 12-59, electric distribution company, as defined in section 16-1, electric supplier, as defined in section 16-1, generation entity or affilia…
(a)(1) Every mutual savings bank, savings and loan association and every company engaged in the business of carrying passengers for hire over the highways of this state in common carrier motor vehicles doing business in this state, and every other company carrying on, or having the right to carry on, business in this s…
The tax imposed by this part upon corporations or associations carrying on or doing business or having the right to carry on or do business in this state, which corporations or associations are organized and exist under and by virtue of the laws of some other state, territory or country or are organized and exist witho…
(a) Any company that derives income from sources within this state and that has a substantial economic presence within this state, evidenced by a purposeful direction of business toward this state, examined in light of the frequency, quantity and systematic nature of a company's economic contacts with this state, witho…
(a)(1) In arriving at net income as defined in section 12-213, whether or not the taxpayer is taxable under the federal corporation net income tax, there shall be deducted from gross income: (A) All items deductible under the Internal Revenue Code effective and in force on the last day of the income year, except (i) an…
(a) There shall be allowed as a credit against the tax imposed by this chapter an amount equal to twenty-five per cent of that portion of such tax which is allocable to any manufacturing facility, provided, for any such facility which is located in an enterprise zone designated pursuant to section 32-70 or in a municip…
Section 12-217f is repealed, effective July 8, 1997, and applicable to income years commencing on or after January 1, 1998.
(a)(1) There shall be allowed a credit for any taxpayer against the tax imposed under this chapter or chapter 228z, for any income or taxable year with respect to each apprenticeship in the manufacturing trades commenced by such taxpayer in such year under a qualified apprenticeship training program as described in sub…
Section 12-217h is repealed effective January 1, 1990, and applicable to income years of corporations commencing on or after that date.
(a) There shall be allowed a credit for any taxpayer against the tax imposed by this chapter, chapter 209, 210, 211 or 212 in any income year or calendar quarter, as the case may be, commencing prior to January 1, 2008, in an amount equal to ten per cent of the amount of expenditures paid or incurred during such income…
(a)(1) There shall be allowed as a credit against the tax imposed on any taxpayer under this chapter, with respect to income years of such taxpayer commencing on or after January 1, 1994, an amount equal to twenty per cent of the amount spent by such taxpayer directly on research and experimental expenditures, as defin…
Section 12-217k is repealed, effective July 8, 1997, and applicable to income years commencing on or after January 1, 1998.
Section 12-217l is repealed, effective July 1, 2013.
Section 12-217m is repealed, effective July 8, 1997, and applicable to income years commencing on or after January 1, 1998.
(a) There shall be allowed as a credit against the tax imposed by this chapter the amount determined under subsection (c) of this section in respect of the research and development expenses paid or incurred during any income year, subject to the limitations of this section. (b) As used in this section: (1) “Research an…
There shall be allowed as a credit against the tax imposed on any corporation under this chapter with respect to any taxable year of such corporation commencing on or after January 1, 1997, (1) that has more than two hundred fifty full-time, permanent employees but not more than eight hundred full-time, permanent emplo…
Section 12-217p is repealed, effective June 7, 2006.
There shall be allowed as a credit against the tax imposed on any corporation under this chapter which participates in the traffic reduction program established under section 13b-38p and conducted in this state, except corporations employing fewer than one hundred employees, with respect to any taxable year of such cor…
(a) There shall be allowed as a credit against the tax imposed by chapter 207, this chapter, chapter 208a, 209, 210, 211, or 212 or against the tax imposed pursuant to section 12-202a in an amount determined under the provisions of subsection (b) of this section with respect to the personal property taxes paid during a…
(a) For purposes of this section: (1) “Commissioner” means the Commissioner of Economic and Community Development; (2) “Company” means any corporation, partnership, trust, association, unincorporated organization or similar organization; (3) “Compensation is paid within this state” if (A) the individual's service is pe…
Section 12-217v is repealed, effective July 1, 2018.
(a) For purposes of this section, “fixed capital” means tangible personal property which (1) has a class life, in years, of more than four years, as described in Section 168(e) of the Internal Revenue Code of 1986, or any subsequent corresponding internal revenue code of the United States, as from time to time amended,…
(a) For purposes of this section, “human capital investment” means the amount paid or incurred by a corporation on: (1) Job training that occurs in this state for persons who are employed in this state; (2) Work education programs in this state, including, but not limited to, programs in public high schools and work ed…
Section 12-217y is repealed, effective June 18, 2013.
Section 12-217z is repealed, effective July 1, 2023.