General Statutes of Connecticut Chapter 218a — Estate Income Tax

Connecticut · statute · Conn. Gen. Stat. ch. 218a · 8 active provisions

Conn. Gen. Stat. § 12-405a

Definitions

Whenever used in this chapter, unless the context otherwise requires: (a) “Taxpayer” means the fiduciary of any resident estate or nonresident estate subject to tax under this chapter. (b) “Resident estate” means the estate of a decedent who at the time of death was domiciled in this state. (c) “Nonresident estate” mea…

ConnecticutEstate Income Taxeffective

Conn. Gen. Stat. § 12-405b

Imposition of tax on income of estates at rate of ten per cent of taxable income over twenty thousand dollars

(a) A tax is hereby imposed with respect to any resident estate or nonresident estate for each taxable year commencing on or after January 1, 1982, at the rate of ten per cent on the taxable income of such estate for such taxable year in excess of twenty thousand dollars. (b) Any taxable income with respect to which th…

ConnecticutEstate Income Taxeffective

Conn. Gen. Stat. § 12-405c

Date on which taxpayer of an estate must file return with full amount of tax due. Extensions. Adjusted, corrected and amended returns

(a) On or before the fifteenth day of the fourth month following the close of each taxable year, each taxpayer shall duly execute and file a tax return with the commissioner, in such form and containing such information as the commissioner may prescribe. Such return shall truly and accurately set forth the amount of in…

ConnecticutEstate Income Taxeffective

Conn. Gen. Stat. § 12-405d

Penalty for failure to pay tax when due. Rate of interest. Deficiency assessment. Examination of returns. Collection. Liens

(a) If any taxpayer fails to pay the amount of tax reported to be due on his return or affidavit within the time specified under the provisions of section 12-405c, there shall be imposed a penalty equal to ten per cent of such amount due and unpaid, or fifty dollars, whichever is greater. Such amount shall bear interes…

ConnecticutEstate Income Taxeffective

Courts & Civil Procedure Taxation

Conn. Gen. Stat. § 12-405j

Tax credit under this chapter for tax imposed on a resident estate by another state

Any taxpayer with respect to a resident estate shall be allowed a credit against the tax otherwise due under this chapter for the amount of any income tax imposed on such estate for the taxable year by another state of the United States or a political subdivision thereof or the District of Columbia on income derived fr…

ConnecticutEstate Income Taxeffective

Conn. Gen. Stat. § 12-405k

Tax information or returns commissioner may require from taxpayer. Hearings. Appeals

(a) The commissioner or his authorized agent may require any taxpayer to submit copies or pertinent extracts of relevant federal income tax returns, or of any other relevant tax return made to any agency of the federal government, or of this or any other state, or of any statement or registration made pursuant to any s…

ConnecticutEstate Income Taxeffective

Courts & Civil Procedure Taxation

Conn. Gen. Stat. § 12-405l

Commissioner to adopt regulations re this chapter

The Commissioner of Revenue Services shall adopt regulations in accordance with the provisions of chapter 54 to implement the provisions of this chapter, which regulations, when reasonably designed to carry out the intent and purposes of this chapter, shall be prima facie evidence of its proper interpretation.

ConnecticutEstate Income Taxeffective

Conn. Gen. Stat. § 12-405m

Chapter not applicable to income earned on or after January 1, 1991

The provisions of this chapter shall not be applicable with respect to any income of any estate for any income year commencing on or after January 1, 1991.

ConnecticutEstate Income Taxeffective