Conn. Gen. Stat. Conn. Gen. Stat. Conn. Gen. Stat. The exemption is also available for an applicant who is starting a new commercial fishing business and intends to carry on commercial fishing as a trade or business for at least two years. Fishing industry means the catching, gathering, and processing of fish solely as a regular commercial business.
Commercial fisherman means any person, firm or corporation engaged in commercial fishing.
Commercial fishing means taking or attempting to take any finfish, crustacea, sea scallops, squid, horseshoe crabs, or bait species for commercial purposes or by the use of any commercial fishing gear. Commercial fishing vessels include any vessel with a certificate of documentation issued by the United States Coast Guard for coastwise fishery. Conn. Gen. Stat. Items not qualifying for exemption under Conn. Gen. Stat. A fisherman who operates his commercial fishing business as a sole proprietorship and holds a Commercial Fisherman Tax Exemption Permit forms an LLC and transfers the business to it.