Norwich bulletin., 1909-08-26
NEW LAWS ON TAXATION
Passed by General Assembly this Year and Become E fective this Fal-Important Changes as well as New Requirements.

tween the ages Of 2I ana oU years Mi be liable for a personal tax oI wv dollar each subject to the same exemp- tions that now apply to poll and Nmll- tary con1mutation taxes. This law also provides for adequate assistance m compiling the list of such persons ana for the collection of the tax. The poil and military communication taxes VIII pc levied and collected under the present statute during the coming year, with fbe r.s- excention e, that ali reports of those liable for military eommutation taxes will be made to the tax comm niissioner instead of to tne adjutant general. as heretofore. R
 Exempted Property. !.
 Beginning with the grand list or Oc- tober, 1909, and quadrennially there after the assessors of all towns VIII pc required to list and value all property exempted from taxation, and a report of the same will be made to the tax tax | commissioner by the town clerk. The total amount of all such property In the state will be published in time, TOT | the use of the next legislature in lsli. Fire Districts.
 Fire districts will be required. to re- port their indebtedness and details or receipts and expenditures at the time | of the next quadrennial report of mu- nicipal debt and expenditure. 1 Special Acts.
 Special acts which include special provisions relative to taxation have | been passed affecting the towns of | Derby. New Britain, Wallingford, Nor- walk, Stamford, Danbury, Norwich and the cIry of South Norwalk, all Of which | will give an opportunity for more eff1- cient work on the part of certain tax officials of those municipalities. | an1 Cnn@nania
 Hereafter investment companies and investment brokers will make returns to the tax commissioner instead Of tS the comptroller.
 Telephone and Express Business.
 Persons as well as corporations en gagged in the telephone or certain ex press business will hereafter be obliged to make reports for taxation business
 In Effect September fst.
 All of the above changes. except tn
 personal tax law will go into eftec September 1st.
 Succession Tax. The time for the, payment of sue | cession taxes has been extended iron
 one year to fourteen months.
 | All estates of persons who died o
 or after August 11th, 1909, will be sub feet to the new succession tax law which provides a rate of per cent. O , all property in excess of ten thousan ' 1 dollars passing to parent or parents
 husband, or wife or lineal descendant' l or legally adopted child of the deceas | ed person. On all property passing [ , 1 collaeral kindred or to strangers [ ] the blood. or to corporation, volun tary association, or a society, thel will be no exemption, and the tax ral 5 will be per cent r When a portion of the propert
 passes to one class, and the rema1nln n portion to the other the exempte . amount will be that part of ten thor n | sand dollars which the value or tf
 property passing to the lineal clas
 bears to the total value of the who
 estate.
 n The exemption to estates of nor e resident decedents will be only thu = proportion of the exempted amour
 provided for residents, which the e'
 tate actually or constructively in tn !, state bears to the total value of tl r nonresident decedent's estate whe n ever situated.
 = In addition. the law includes estat a passing "by other statutes" Tn
 would apply to the estate of a woms
 married prior to 1877, of which tl
 husband has use. All property pas Q ing by power of appointment, and s, addition all property which passes d filing an exempiified copy of the " n with the fudge of probate as provid' g in section 305 will be subject to t l. inheritance tax.
 State Tax.
 The most radical step, however, rs the renewal of the state tax whi ye was suspended in 1890, the rate bei l. one-haIf mill on the grand lists of t ts towns as corrected by the board ,e equalization for the years 1908 a te 1909, and payable November 10th, IS It. and 1910.
 ts Increase in Revenue. IL The increase in revenue that can l- expected from the changes in the tax le tion laws will be from the successi Ar taxes and the state tax. This ought .n amount to three -fourths of milli' ne If, however, the receipts and expen'
 lures of the state are to be equal
 will still be necessary to either redI mt the latter or increase the former. 1T i'll will be more apparent to the memb' e. of the general assembly in 1911.