reglab/statecodes huggingface dataset:
Connecticut Administrative Code › Title 12 - Taxation › 130a - Certification of Assessors and Tax Collectors › Section 12-130a-5 - Comprehensive examination application procedure

Current through July 10, 2024
(a) The
			 comprehensive examination shall be conducted at least annually, at a time and
			 location to be determined by the Committee. The Committee shall review the
			 comprehensive examination application fee annually and may increase of decrease
			 such fee to reflect costs incurred or expected, provided the annual increase
			 shall not exceed ten (10) dollars. In no event shall the comprehensive
			 examination application fee exceed fifty (50) dollars.
(b)Any person meeting the eligibility
			 standards under the regular or alternate methods as in Section
			 12-130a-3 of the
			 Regulations of Connecticut State Agencies may submit an application to the
			 Committee to take the comprehensive exam. If the Committee determines that an
			 applicant does not meet the necessary criteria to take a comprehensive
			 examination, the Committee chair shall send written notification by the
			 Committee of such denial to the applicant.
(c) The deadline for submitting an
			 application shall be twenty-one (21) days before a scheduled examination date.
			 Applications may be obtained from the Secretary or the Committee.
(d) A person whose application to take a
			 comprehensive examination is denied may file a written request for a
			 reconsideration of the Committee's decision. Any such request shall include the
			 reason(s) why the appellant believes they should be allowed to take the
			 comprehensive examination. Such request shall be sent to the Committee chair
			 not later than fourteen (14) days after the date of the notice of denial. The
			 Committee shall review such request not later than fourteen (14) days of
			 receiving such request and not later than forty-eight (48) hours prior to the
			 date on which each such examination is scheduled to be held. The Committee's
			 decision with regard to any such request for reconsideration shall be final.
			 The Committee chair shall notify the appellant of such decision in writing not
			 later than two (2) days after adjournment of such review.
(e) Any person who fails the comprehensive
			 examination shall be eligible to retake the comprehensive examination one (1)
			 time. Any person having qualified to retake the comprehensive examination who
			 subsequently fails such examination shall not be approved to take a subsequent
			 comprehensive examination until:
(1) The
			 applicant demonstrates that any course(s), as may have been specified by the
			 Committee, have been successfully taken or retaken; and
(2) Any person having qualified under the
			 alternate method as described in Section
			 12-130a-3 of the
			 Regulations of Connecticut State Agencies, shall be required to successfully
			 complete any waived courses.
Connecticut Administrative Code › Title 12 - Taxation › 130a - Certification of Assessors and Tax Collectors › Section 12-130a-6 - Minimum experience requirements for CCMC designation

Current through July 10, 2024
(a) Successful completion of the prescribed
			 training program described in Sections
			 12-130a-2
			 to
			 12-130a-4,
			 inclusive, of the Regulations of Connecticut State Agencies, shall include a
			 minimum of three (3) years' experience in municipal tax collection.
(b) The Secretary shall issue a CCMC
			 designation to an applicant who has successfully completed the comprehensive
			 examination and the three (3) year municipal tax collection experience
			 requirement.
Connecticut Administrative Code › Title 12 - Taxation › 170aa - Reimbursement to Municipalities for Tax Reductions to Elderly Homeowners › Section 12-170aa-1 - Application for reimbursement

Current through July 10, 2024
(a) On or before
			 the first day of July of each year, each municipality shall file a claim with
			 the Secretary of the Office of Policy and Management for reimbursement for the
			 loss of property tax revenue related to the tax reductions allowed under
			 Section
			 12-170aa
			 of the General Statutes. The claim shall be made on a form prescribed and
			 furnished by the Secretary and shall be accompanied by such supporting
			 information as the Secretary may require. The reimbursement claim shall
			 include;
(1) A certification of the claim
			 signed by the assessor and tax collector of the municipality;
(2) The names and addresses of those
			 receiving a property tax reduction under Section
			 12-170aa;
			 the amount of such reductions; and the amount of property tax revenue lost to
			 the municipality due to such reductions; and
(3) Copies of all applications filed with the
			 municipality as required by subsection (f) of Section
			 12-170aa
			 and copies of any documentation submitted by claimants in support of their
			 applications, as the secretary may require.
Connecticut Administrative Code › Title 12 - Taxation › 170aa - Reimbursement to Municipalities for Tax Reductions to Elderly Homeowners › Section 12-170aa-2 - Notification, reconsideration and certification of reimbursement

Current through July 10, 2024
The Secretary of the Office of Policy and Management shall
				notify each municipality which has submitted a reimbursement claim of his
				acceptance or modification of the claim not later than the thirtieth day of
				June following its receipt. Any municipality aggrieved by the action of said
				Secretary may request a reconsideration within thirty days after receipt of
				such notification. Such request shall be made in writing and shall state the
				reason for such request. If the municipality has so requested, the Secretary
				shall, in his discretion, grant the municipality an oral hearing and shall
				provide ten days' notice of the time and place of the hearing. The Secretary
				shall notify the municipality in writing in his determination regarding the
				request for reconsideration.
Connecticut Administrative Code › Title 12 - Taxation › 170aa - Reimbursement to Municipalities for Tax Reductions to Elderly Homeowners › Section 12-170aa-3 - Penalty forfeit

Current through July 10, 2024
(a) In the event
			 the Secretary of the Office of Policy and Management determines that a
			 municipality is required to forfeit the amount specified as a penalty for
			 failure to comply with the provisions of subsection (g) or subsection (i) of
			 Section
			 12-170aa
			 of the general statutes, he shall cause to be sent to the chief executive
			 officer thereof a notification of the penalty amount due and a request for its
			 prompt payment. The forfeit shall be required to be in the form of a bank
			 check, certified check or money order made payable to the Treasurer of the
			 State of Connecticut and forwarded to the Secretary of the Office of Policy and
			 Management.
(b) The penalty
			 pursuant to subsection (g) or subsection (i) of Section
			 12-170aa
			 shall not be imposed by the Secretary with regard to a municipal claim for
			 reimbursement or report of adjustments thereto that is required to be filed on
			 or before the effective date of these regulations.
Connecticut Administrative Code › Title 12 - Taxation › 170aa - Reimbursement to Municipalities for Tax Reductions to Elderly Homeowners › Section 12-170aa-4 - Penalty waiver procedures

Current through July 10, 2024
(a) The penalty
			 pursuant to subsection (g) or subsection (i) of Section
			 12-170aa,
			 may be waived by the Secretary of the Office of Policy and Management, provided
			 he receives a written application for penalty waiver within thirty business
			 days of the filing date for the reimbursement claim or report of adjustments
			 thereto. Such application, which shall set forth the reason for the waiver
			 request, shall be signed by the official responsible for filing such claim or
			 report and co-signed by the chief executive officer of the municipality. It
			 shall be established to the Secretary's satisfaction that the failure to file
			 in a timely manner and in the form required, was due to reasonable cause and
			 was not intentional or due to neglect. Examples of reasonable cause shall
			 include, but not be limited to, the following:
(1) An Act of God;
(2) A vacancy in the position of the official
			 responsible for filing the claim or report. Such vacancy, which may be due to
			 death, serious illness or resignation, must have occurred within sixty days of
			 the filing date for such claim or report;
(3) Failure regarding delivery of any such
			 claim or report, provided it is established to the Secretary's satisfaction
			 that a reasonable attempt to make timely delivery has been made;
(4) Administrative or technical problems
			 encountered with regard to the filing of such claim or report, including but
			 not limited to:
(A) Adoption of a computer
			 system, or conversion to an alternate computer system, wherein serious problems
			 concerning retrieval of the data to be submitted were not resolved prior to the
			 filing date for such claim or report. It must be established to the Secretary's
			 satisfaction that attempts to resolve such problems were undertaken within a
			 reasonable period of time prior to such date;
(B) Failure on the part of the municipality
			 to establish a mill rate within thirty days of date of the filing date for such
			 claim;
(C) The enactment of
			 legislation by the General Assembly in the session immediately preceding the
			 filing date of such claim or report which would require a substantial
			 recalculation of the amount of the reimbursement to be claimed or the amount of
			 adjustments to be reported;
(D)
			 Failure on the part of the municipality to receive from the Secretary, at least
			 thirty days prior to said filing date, the forms necessary for submitting such
			 claim or report.
Connecticut Administrative Code › Title 12 - Taxation › 170f - Penalties and the Waiver of Penalties Regarding Certain Elderly/Total Disability Tax Relief Programs › Section 12-170f-1 - Penalty forfeit

Current through July 10, 2024
In the event the Secretary of the Office of Policy and
				Management determines that a municipality is required to forfeit the amount
				specified as a penalty for failure to comply with the provisions of subsection
				(a) of Section
				12-170f
				of the general statutes, he shall cause to be sent to the chief executive
				officer thereof a notification of the penalty amount due and a request for its
				prompt payment. The forfeit shall be required to be in the form of a bank
				check, certified check or money order made payable to the Treasurer of the
				State of Connecticut and forwarded to the Secretary of the Office of Policy and
				Management.
Connecticut Administrative Code › Title 12 - Taxation › 170f - Penalties and the Waiver of Penalties Regarding Certain Elderly/Total Disability Tax Relief Programs › Section 12-170f-2 - Penalty waiver procedure

Current through July 10, 2024
(a) The penalty
			 pursuant to Section
			 12-170f,
			 may be waived by the Secretary of the Office of Policy and Management provided
			 he receives a written application for waiver within thirty business days of the
			 filing date of the grant claim for which the penalty waiver is sought. Such
			 application, which shall set forth the reason for the waiver request, shall be
			 signed by the official responsible for filing the grant claim and co-signed by
			 the chief executive officer of the municipality. It must be established to the
			 Secretary's satisfaction that the failure to file in a timely manner and in the
			 form required, was due to reasonable cause and was not intentional or due to
			 neglect. Examples of reasonable cause shall include, but not be limited to, the
			 following:
(1) An Act of God;
(2) A vacancy in the position of the official
			 responsible for filing the grant claim. Such vacancy, which may be due to
			 death, serious illness or resignation, must have occurred within sixty days of
			 the claim filing date;
(3) Failure
			 regarding delivery of any such claim, provided it is established to the
			 Secretary's satisfaction that a reasonable attempt to make timely delivery has
			 been made;
(4) Administrative or
			 technical problems encountered with regard to the filing of such claim,
			 including but not limited to:
(A) Adoption of
			 a computer system, or conversion to an alternate computer system, wherein
			 serious problems concerning retrieval of the data to be submitted were not
			 resolved prior to the claim filing date. It must be established to the
			 Secretary's satisfaction that attempts to resolve such problems were undertaken
			 within a reasonable period of time prior to such date;
(B) Failure on the part of the municipality
			 to establish a mill rate within thirty days of the claim filing date;
(C) The enactment of legislation by the
			 General Assembly in the session immediately preceding the claim filing date,
			 which would require a substantial recalculation of the amount of benefit
			 adjustment to be reported;
(D)
			 Failure on the part of the municipality to receive from the Secretary at least
			 thirty days prior to the claim filing date, the form(s) necessary for
			 submitting the required information.
Connecticut Administrative Code › Title 12 - Taxation › 204c - Estimated Tax Payments for Short Years › Section 12-204c-1 - Estimated tax payments for short years

Current through July 10, 2024
(a)
Definitions
. In this section:
(1)
			 "Companies" means insurance companies, as defined in section
			 12-201(4)
			 of the Connecticut General Statutes; hospital and medical service corporations,
			 as described in section
			 12-212a
			 of the Connecticut General Statutes; and health care centers, as defined in
			 section
			 38a-175
			 of the Connecticut General Statutes;
(2) "Required annual payment" means the
			 required annual payment, as defined in section
			 12-204c(d)(2)
			  of the Connecticut General Statutes;
			 and
(3) "Short taxable year" means
			 a period of less than 12 months.
Connecticut Administrative Code › Title 12 - Taxation › 213 - Corporation Business Tax › Section 12-213-1 - Definitions

Current through July 10, 2024
(a) "Due date" means the date prescribed
			 under chapter 208 or the regulations promulgated thereunder on or before which
			 any document is required to be filed with, or any payment is required to be
			 made to, the commissioner. "Due date" does not mean an extended due
			 date.
(b) "Extended due date" means
			 a date (subsequent to the due date on or before which any document is required
			 to be filed with, or any payment is required to be made to, the commissioner)
			 requested by a company for filing such document or making such payment if-
(1) the commissioner is empowered under
			 chapter 208 to grant such request for extension;
(2) the request for extension (and any other
			 document required to accompany such request) is filed on or before the due date
			 to which such request for extension pertains;
(3) the request for extension is made on
			 forms furnished or prescribed by the commissioner for such a request;
(4) the request for extension demonstrates,
			 to the satisfaction of the commissioner, due cause for such extension;
			 and
(5) the commissioner, in his
			 discretion, consents to or approves, in writing, such request for
			 extension.
Connecticut Administrative Code › Title 12 - Taxation › 213 - Corporation Business Tax › Section 12-213-2 - Prohibition against double deductions and/or exclusions

Current through July 10, 2024
(a) A company, in arriving at its net income
			 as defined in section
			 12-213 of
			 the general statutes, shall not exclude or deduct, or exclude and deduct, any
			 item, directly or indirectly, more than once.
(b) A life insurance company, in arriving at
			 its net income as defined in section
			 12-213 of
			 the general statutes, shall not exclude or deduct, or exclude and deduct, more
			 than the life insurance company's share of any item of income, the taxation of
			 which by the state of Connecticut is prohibited by the laws or constitution of
			 the United States, as applied, or by the laws or constitution of the state of
			 Connecticut, as applied.
(c) This
			 section shall be applicable to amended returns, as defined in subsection (b) of
			 section
			 12-225
			 of the general statutes, irrespective of when such returns were filed, in
			 connection with which a claim for refund is granted or denied or an adjustment
			 to net income is allowed, in whole or in part, on or after March 8, 1995 (the
			 effective date of Public Act 95-2).
Connecticut Administrative Code › Title 12 - Taxation › 214 - Corporation Business Tax › Section 12-214-1 - Carrying on, or having the right to carry on, business

Current through July 10, 2024
(a) A company is "carrying on business in
			 this state" if, within this state, it engages in one or more of the following
			 activities, including but not limited to:
(1)
			 owning or leasing (as lessee) real property;
(2) maintaining an office, or compensating
			 its employee for the use of his home if such employee works from such home; if
			 its property, including product samples, brochures and advertising materials,
			 and instructions on product usage, is stored in such home; and if the address
			 or telephone number of such home is listed in its advertisements and public
			 announcements;
(3) selling tangible
			 personal property (as opposed to soliciting orders therefor);
(4) performing or soliciting orders for
			 services;
(5) selling or soliciting
			 orders for real property;
(6)
			 maintaining a stock of inventory in a public warehouse;
(7) having an employee, wherever based:
			 engage in managerial or research activities; make collections on regular or
			 delinquent accounts; offer technical assistance and training to its customer or
			 user of its product after the sale; repair or replace faulty or damaged goods;
			 install or assemble its product; visit its customer or user of its product to
			 determine customer or user satisfaction; pick up returned merchandise from its
			 customer or user of its product; rectify or assist in rectifying any product,
			 credit, shipping or similar complaint arising from the purchase or use of its
			 product; verify the destruction of damaged merchandise; coordinate the delivery
			 of merchandise, whether or not special promotions are involved; distribute
			 replacement parts; inspect the installation of its product by its customer or
			 user of its product; or conduct credit investigations or arrange for credit and
			 financing for its customer or user of its product;
(8) delivering merchandise inventory on
			 consignment to its distributors or dealers;
(9) owning or leasing (as lessee) personal
			 property which is not related to solicitation of orders; and
(10) participating in the approval of
			 servicing distributors and dealers where its customer or user of its product
			 can have such product serviced or repaired.
Connecticut Administrative Code › Title 12 - Taxation › 217 - Corporation Business Tax › Section 12-217-1 - Carryovers

Current through July 10, 2024
(a) The operating loss carryover provisions
			 are applicable only to a company which was subject to the tax imposed under
			 chapter 208 in, and filed the annual return required to be made for, the year
			 in which the operating loss occurred.
(b) The capital loss carryover provisions are
			 applicable only to a company which was subject to the tax imposed under chapter
			 208 in, and filed the annual return required to be made for, the year in which
			 the capital loss occurred.
Connecticut Administrative Code › Title 12 - Taxation › 217g - Corporate Tax Credit in the Machine Tool and Metal Trade Apprenticeships › Section 12-217g-1 - Authority

Current through July 10, 2024
This regulation is authorized by Public Act No. 79-475, as
				amended by Public Act No. 94-4, which provides a tax credit for Machine Tool
				and Metal Trade apprenticeship training against the corporation business tax
				imposed under Chapter 208 of the Connecticut General Statutes. The Commissioner
				of Labor is required to adopt regulations for the purpose of implementing this
				act.
Connecticut Administrative Code › Title 12 - Taxation › 217g - Corporate Tax Credit in the Machine Tool and Metal Trade Apprenticeships › Section 12-217g-2 - Definitions

Current through July 10, 2024
(a) "Apprenticeship" means the establishment
			 and continuance, under a qualified program, of one or more full time apprentice
			 training positions within a pool of skilled workers whereby unskilled or
			 semi-skilled persons are employed full time as apprentices under a written
			 agreement.
(b) "Apprentice" means a
			 person employed with a taxpayer receiving machine and metal trades skill
			 training under a written agreement registered with the Commissioner which
			 provides specific terms of apprenticeship and employment including, but not
			 limited to, wage progression; specific hours of job training processes; hours
			 and courses of school instruction which satisfactory completion thereof
			 provides recognition as a qualified skilled worker.
(c) "Pre-Apprentice" means a person, student,
			 or minor employed less than full time under a written agreement with an
			 apprenticeship program sponsor for a term of training and employment not
			 exceeding 2,000 hours within a two year period.
(d) "Commissioner" means the administrator of
			 the State Labor Department who with the advice of the State Apprenticeship
			 Council, executes apprenticeship policy and standards.
(e) "Council" means the twelve member
			 Connecticut State Apprenticeship Council appointed by the Governor with equal
			 representation from labor, management and the public sector including the
			 Deputy Labor Commissioner. The Council advises the Commissioner regarding
			 apprenticeship policies.
(f)
			 "Taxpayer" means any corporation subject to taxes imposed under Chapter 208 of
			 the Connecticut General Statutes.
(g) "Income Year" means a specific twelve
			 month period conforming to a fiscal year established for tax purposes under
			 Chapter 208 of the Connecticut General Statutes.
(h) "Qualified Program" means an
			 apprenticeship program operating in the Machine and Metal trades and approved
			 by the Connecticut Labor Department as meeting the Commissioner of Labor's
			 prescribed Work Training Standards for Apprenticeship and Training
			 Programs.
(i) "Machine Tool and
			 Metal Trades" means recognized metal working occupations in which satisfactory
			 completion of an apprenticeship training program advances an apprentice to
			 recognized skill job classifications in such operations as Machinist,
			 Toolmaker, Tool and Diemaker, Model Maker, Gage Maker, Patternmaker, Tool and
			 Machine Setter, Diesinker, Moldmaker, Machine Tool Repairer and in similar
			 occupations which as above involve multiple work processes including the
			 shaping of metals by machine tool equipment designed to perform cutting,
			 grinding, milling, turning, drilling, boring, planning, hobbing and abrading
			 operations.
Connecticut Administrative Code › Title 12 - Taxation › 217g - Corporate Tax Credit in the Machine Tool and Metal Trade Apprenticeships › Section 12-217g-3 - Eligibility

Current through July 10, 2024
Any taxpayer who employs a machine tool and metal trade
				apprentice duly enrolled and registered under the terms of a qualified program
				is entitled to a tax credit for each eligible apprentice of up to $4,800.00
				maximum or 50% of actual wages, whichever is less, provided such
				apprenticeships meet the following requirements:
(a) The tax credit is limited to qualified
			 Machine Tool and Metal Trade programs with apprenticeship periods of duration
			 which are not less than 4,000 hours (2 years) and not more than 8,000 hours (4
			 years).
(b) The apprentice must be
			 employed on a full time basis which is defined as working a minimum of 120
			 hours per month at the trade. Up to 80 hours may be applied during the tax year
			 against the 120 hour limitation.
(c) Pre-apprentices are not counted as
			 apprenticeships begun and wages earned by pre-apprentices are not eligible for
			 tax credits under this regulation.
(d) The number of apprenticeships for which
			 tax credit is allowed must exceed the average number of such apprenticeships
			 begun during the five preceding income years.
Connecticut Administrative Code › Title 12 - Taxation › 217g - Corporate Tax Credit in the Machine Tool and Metal Trade Apprenticeships › Section 12-217g-4 - Method of computation

Current through July 10, 2024
(a)
Determining number of eligible apprenticeships
(1) Total the number of months any apprentice
			 was employed at least 120 hours in any one month during the current claim year
			 and divide by twelve (12) which equals the apprentice level for the claim
			 year.
(2) Total the number of
			 months any apprentice was employed at least 120 hours in any month for the five
			 tax years preceding the current claim year and divide by sixty (60) which
			 equals the apprenticeship average.
(3) If the apprentice average is greater than
			 the apprentice level for the claim year then no tax credit can be received.
			 However, if the apprentice level for the year is greater than the apprentice
			 average then the difference between these two numbers represents the eligible
			 number of apprenticeships for which a tax credit can be received.
Connecticut Administrative Code › Title 12 - Taxation › 217g - Corporate Tax Credit in the Machine Tool and Metal Trade Apprenticeships › Section 12-217g-5 - Limitations

Current through July 10, 2024
The amount of tax credit allowed any taxpayer under this
				section for any income year may not exceed the amount of corporate business
				taxes due from such taxpayers under Chapter 208 of the Connecticut General
				Statutes with respect to such income year.
Connecticut Administrative Code › Title 12 - Taxation › 217g - Corporate Tax Credit in the Machine Tool and Metal Trade Apprenticeships › Section 12-217g-6 - Registration procedures

Current through July 10, 2024
(a) Each
			 apprentice, in order to be considered eligible for tax credit purposes, must be
			 enrolled in a qualified program with each apprenticeship agreement being
			 submitted to the department for approval by the Commissioner.
(b) Existing procedures and policies for the
			 awarding of advanced status to apprentices for previous experience will remain
			 in effect. Time awarded in recognition of satisfactory completion of previous
			 training is not eligible for a tax credit. Apprentices with advance status
			 beyond the first half of the apprenticeship are considered in computing the
			 existing level of apprenticeships.
(c) After due process, in accordance with
			 Chapter 54 of the Connecticut General Statutes, a finding that the
			 apprenticeship program is not in compliance with the prescribed standards shall
			 be sufficient cause for revocation of tax credit eligibility.
Connecticut Administrative Code › Title 12 - Taxation › 217g - Corporate Tax Credit in the Machine Tool and Metal Trade Apprenticeships › Section 12-217g-7 - Application

Current through July 10, 2024
Application for the apprenticeship tax credit or to establish a
				qualified program may be accomplished by contacting the:
Connecticut Labor Department
Attn: Machine Tool Apprenticeship Tax Credit
200 Folly Brook Boulevard
Wethersfield, CT 06109
Tel. No. 566-2450
Connecticut Administrative Code › Title 12 - Taxation › 217g - Corporate Tax Credit in the Machine Tool and Metal Trade Apprenticeships › Section 12-217g-8 - Prescribed data format submission

Current through July 10, 2024
(a) The format of
			 the information required to substantiate tax credit claims is contained in form
			 ATX-792, Apprenticeship Tax Credit Worksheet, available at the Connecticut
			 Labor Department.
(b) Any similar
			 format containing the required information will be acceptable.
Connecticut Administrative Code › Title 12 - Taxation › 217g - Corporate Tax Credit in the Machine Tool and Metal Trade Apprenticeships › Section 12-217g-9 - Certification of tax credit

Current through July 10, 2024
Based on an analysis of the prescribed data submitted and a
				review of apprenticeship records, the Labor Department will issue to the
				taxpayer appropriate certification of its approval of the apprenticeship tax
				credit claim for subsequent submission to the Department of Revenue under
				current corporate tax filing procedures.
Connecticut Administrative Code › Title 12 - Taxation › 217jj - Film Production Tax Credit Program › Section 12-217jj-1 - Statement of purpose

Current through July 10, 2024
These rules and regulations, which were drafted in consultation
				with the Department of Revenue Services, have been adopted to implement and are
				intended to be applied so as to accomplish the purposes of the film industry
				tax credit program as established in section
				12-217jj
				of the General Statutes. The film industry tax credit program is administered
				by the Connecticut Commission on Culture and Tourism and is designed to
				encourage the production of films and other entertainment media within the
				State so as to increase employment and develop a more productive state
				economy.
Connecticut Administrative Code › Title 12 - Taxation › 217jj - Film Production Tax Credit Program › Section 12-217jj-2 - Definitions

Current through July 10, 2024
As used in sections
				12-217jj-1
				through
				12-217jj-13,
				inclusive, of the Regulations of Connecticut State Agencies:
(1) "American Institute of Certified Public
			 Accountants (AICPA)" shall mean the national organization which establishes
			 financial, accounting and auditing procedures to which certified public
			 accountants (CPAs) must adhere.
(2)
			 "Applicant" or "the applicant" shall mean, as the context of these regulations
			 shall require:
(A) An eligible production
			 company which applies to the Commission for state-certified qualified
			 production status with respect to its production, or,
(B) An eligible production company which
			 applies to the Commission for a tax credit voucher after eligibility
			 certification for its production.
Connecticut Administrative Code › Title 12 - Taxation › 217jj - Film Production Tax Credit Program › Section 12-217jj-4 - Disposition of application for certification as state-certified qualified production

Current through July 10, 2024
(a) The Commission
			 shall review all complete applications submitted pursuant to section
			 12-217jj-3
			 of the Regulations of Connecticut State Agencies and determine whether the
			 criteria and qualifications for certification of applicant's production as a
			 state-certified qualified production under sections
			 12-217jj-1
			 to
			 12-217jj-13,
			 inclusive, of the Regulations of Connecticut Sate Agencies have been
			 met.
(b) If the Commission finds
			 that such criteria and qualifications are met it shall issue written notice of
			 such eligibility certification to the applicant for that production.
(c) The Commission's notice of eligibility
			 certification shall provide a unique identification number for the qualified
			 production assigned by the Commission which shall be referenced on all future
			 correspondence and notices regarding the production.
(d) The Commission's notice of eligibility
			 certification does not grant or convey any state tax credits or benefits and
			 signifies only that the Commission has determined that the production which is
			 the subject of the application is a qualified production under sections
			 12-217jj-1
			 to
			 12-217jj-13,
			 inclusive, of the Regulations of Connecticut State Agencies at the time of the
			 Commission's review of the application.
Connecticut Administrative Code › Title 12 - Taxation › 217jj - Film Production Tax Credit Program › Section 12-217jj-5 - Fiscal and accounting requirements

Current through July 10, 2024
(a) Each applicant
			 issued a notice of state eligibility certification pursuant to subsection
			 12-217jj-4
			 of the Regulations of Connecticut State Agencies shall utilize an accounting
			 system which conforms to generally accepted accounting principles (GAAP) in
			 accounting for all production expenses or costs incurred in connection with the
			 qualified production. Such expenses or costs shall be included in the detailed
			 cost report which shall accompany any application for a tax credit
			 voucher.
(b) The following
			 accounting records and documentation, at a minimum, shall be made and
			 maintained by an applicant issued a notice of eligibility certification:
(1) Invoices, purchase orders, vouchers, paid
			 bills, crew call sheets, second unit call sheets, and production
			 reports;
(2) Individual payroll
			 records for all employees working on the qualified production;
(3) Individual attendance records for all
			 employees working on the qualified production;
(4) Records relating to refunds, rebates,
			 invoicing errors, purchase returns, sales of equipment, props or other
			 production assets and insurance claims;
(5) Records relating to costs and expenses
			 regarding the ownership or lease of any real property, improved or unimproved,
			 together with sufficient documentation to support one of the cost allocation
			 methods set forth in subsection (a) of section
			 12-217jj-8 of
			 the Regulations of Connecticut State Agencies;
(6) Records relating to costs and expenses
			 regarding the purchase or rental of any tangible personal property together
			 with sufficient documentation to support the cost allocation method set forth
			 in subsection (b) of section
			 12-217jj-8 of
			 the Regulations of Connecticut State Agencies; and,
(7) Records relating to any related party
			 transaction as such are defined and specified by the Financial Accounting
			 Standards Board (FASB) Statement No. 57, sufficient to permit an auditor to
			 provide the information required pursuant to subsection
			 12-217jj-10(c)(3)
			 of the Regulations of Connecticut State Agencies.
Connecticut Administrative Code › Title 12 - Taxation › 217jj - Film Production Tax Credit Program › Section 12-217jj-6 - Application for issuance of a film production tax credit voucher

Current through July 10, 2024
(a) An applicant may apply to the Commission
			 for the issuance of a tax credit voucher at one or more of the following times:
(1) Not earlier than three (3) months
			 following submission to the Commission of applicant's eligibility certification
			 application as provided in Section
			 12-217jj-3
			 of the Regulations of Connecticut State Agencies; or,
(2) Annually not later than ninety (90) days
			 after the close of the applicant's income year; or,
(3) Not later than ninety (90) days after the
			 last production expenses or costs are incurred in this state.
Connecticut Administrative Code › Title 12 - Taxation › 217jj - Film Production Tax Credit Program › Section 12-217jj-7 - Detailed cost report

Current through July 10, 2024
(a) Each applicant
			 for a tax credit voucher shall file with the Commission, under oath, a detailed
			 cost report on such forms as the Commission may prescribe.
(b) The detailed cost report shall classify
			 the production costs and expenditures actually incurred by the applicant under
			 each of the categories specified below:
(1)
			 Writing;
(2) Producer and
			 staff;
(3) Director and
			 staff;
(4) Talent;
(5) Travel;
(6) Fringe benefits -
			 pre-production;
(7)
			 Production;
(8) Extra
			 talent;
(9) Camera;
(10) Art department;
(11) Set construction;
(12) Special effects;
(13) Set operations;
(14) Electrical;
(15) Set dressing;
(16) Action props;
(17) Picture vehicles/animals;
(18) Special photography;
(19) Wardrobe;
(20) Makeup and hairdressing;
(21) Production sound;
(22) Locations;
(23) Video tape;
(24) Transportation;
(25) Production film and lab;
(26) Tests;
(27) Facility expenses;
(28) Audience relations;
(29) Second unit;
(30) Special unit;
(31) Fringes - shooting period;
(32) Editing and projection;
(33) Music;
(34) Sound - post production;
(35) Film and stock shots;
(36) Visual effects;
(37) Titles, opticals, inserts;
(38) Fringes - post production;
(39) Insurance;
(40) Unit publicity;
(41) General expenses;
(42) Insurance claims; and,
(43) Completion bond.
Connecticut Administrative Code › Title 12 - Taxation › 217jj - Film Production Tax Credit Program › Section 12-217jj-8 - Allocation of costs

Current through July 10, 2024
(a)
Real
			 Property
(1) An applicant owning or
			 leasing real property used in connection with a qualified production may
			 allocate a portion of the total ownership or leasehold costs related to such
			 asset to the production expenses or costs in the detailed cost report under one
			 of the following allocation methods at the election of applicant:
(A) Average lease value method
(i) The applicant may utilize deemed
			 operational and ownership costs based on the average lease value
			 method;
(ii) To arrive at the total
			 deemed operational and ownership costs, the applicant must multiply the average
			 per day lease value of comparable real property by the number of days the asset
			 is used in connection with the production.
Connecticut Administrative Code › Title 12 - Taxation › 217jj - Film Production Tax Credit Program › Section 12-217jj-9 - Limitations on allowable expenses and costs

Current through July 10, 2024
(a) An
			 applicant may include in the detailed cost report only actual, paid production
			 expenses or costs. The detailed cost report must provide sufficient information
			 so that an independent auditor and the Commission can readily determine that
			 portion of applicant's total qualified production expenses or costs which were
			 incurred in this State.
(b) Costs
			 only generally identified such as "accounts payable" and "accrued charges or
			 deferrals" shall not be allowable.
(c) Amortization of costs related to the
			 production of series or mini-series shall be allocated to specific costs
			 categories.
(d) Refunds, rebates,
			 insurance claim recoveries, discounts, invoicing errors, returns and other such
			 credits must be credited against the costs set forth in the detailed cost
			 report.
(e) When an applicant
			 incurs related party transaction costs, the cost allowable shall be limited to
			 the fair market value as determined by the Commission of the services, goods or
			 other tangible property provided to applicant by the related party.
(f) When an applicant has contracted with a
			 third party for the provision of personnel to perform personal services ("Loan
			 Out Companies") such costs are allowable only if applicant submits to the
			 Commission satisfactory evidence that the Loan Out Company was registered to do
			 business in this State with the Secretary of State and was registered with the
			 Commissioner.
(g) Costs which have
			 been included in any prior application for a tax credit voucher or included in
			 an application for a tax credit voucher under sections
			 12-217kk
			 or
			 12-217ll
			 of the Connecticut General Statutes shall not be allowable.
(h) All costs as itemized in subdivision
			 (a)(5)(C) of section
			 12-217jj
			 of the Connecticut General Statutes shall not be allowable.
Connecticut Administrative Code › Title 12 - Taxation › 217jj - Film Production Tax Credit Program › Section 12-217jj-10 - Scope of and procedures for audit

Current through July 10, 2024
(a) The purpose of
			 the independent audit is to provide assurances to the Commission that the
			 production expenses or costs set forth in the detailed cost report have in fact
			 been expended and are otherwise accurate and reasonable.
(b) The audit shall be completed in
			 accordance with generally accepted auditing standards as established by the
			 AICPA and FASB and shall be at the sole cost and expense of applicant. The
			 audit shall be performed by a certified public accountant licensed in this
			 State, unrelated to the applicant and having no direct or indirect financial
			 interest in the applicant or the applicant's production.
(c) The auditor's report shall state that the
			 audit was conducted in accordance with this section and shall include and be
			 subject to the following requirements:
(1) A
			 schedule disclosing the applicant's noncompliance with any applicable law,
			 regulation, provision of contracts or other agreements which could have a
			 material effect on the costs reported in the detailed cost report;
(2) A schedule disclosing all sources of
			 funds used by the applicant to finance the production including any non-cash or
			 barter transactions included in the detailed cost report;
(3) A schedule disclosing all related party
			 transactions as such are defined, specified and explained by the Financial
			 Accounting Standards Board (FASB) in Statement No. 57 and which are encompassed
			 in the detailed cost report to include:
(A)
			 The name of the related party;
(B)
			 The nature of the relationship between the related party and the applicant;
			 and,
(C) A description of the
			 nature of the transaction and the amount.
(4) The auditor's opinion shall be dated as
			 of the date that audit fieldwork was completed and shall be addressed to the
			 applicant;
(5) The auditor shall
			 have demonstrated knowledge and familiarity with the accounting practices
			 generally recognized in the film or other media production industry and shall
			 cooperate fully with the Commission in responding to the Commission's post
			 audit inquiries and in complying with such audit guidelines applicable to all
			 such audits as the Commission may prescribe in writing; and,
(6) The audit work papers must be maintained
			 by the auditor for a period of six (6) years from the date that the audit was
			 submitted to the Commission and shall be made available to the Commission upon
			 written request.
Connecticut Administrative Code › Title 12 - Taxation › 217jj - Film Production Tax Credit Program › Section 12-217jj-11 - Confidentiality of application information and documents

Current through July 10, 2024
When an applicant or other entity submits information it
				considers to be of a proprietary or confidential nature in connection with its
				applications for eligibility certification and issuance of tax credit vouchers
				or notice of transfer of tax credits, such information shall be clearly marked
				or labeled "CONFIDENTIAL" in capital letters. The applicant or other entity
				shall also submit a statement briefly setting forth the grounds on which the
				information should be treated as confidential. Upon the Commission's
				determination that such information may be lawfully maintained by it as
				confidential, it shall maintain such portions of the application or notice of
				transfer of tax credits as confidential to the extent permitted by
				law.
Connecticut Administrative Code › Title 12 - Taxation › 217jj - Film Production Tax Credit Program › Section 12-217jj-12 - Disposition of application for film production tax credit voucher

Current through July 10, 2024
(a) The Commission shall review the
			 application and the audit and evaluate whether the applicant has met the
			 criteria set forth under sections
			 12-217jj-1
			 to
			 12-217jj-13,
			 inclusive, of the Regulations of Connecticut Sate Agencies for issuance of a
			 tax credit voucher. If the Commission determines that the applicant has met
			 such criteria, it shall thereupon issue the written tax credit voucher(s) for
			 the tax credit amount substantiated to the satisfaction of the Commission as of
			 the date of the application.
(b) If
			 the Commission determines after its evaluation that the applicant has not met
			 such criteria for issuance of a tax credit voucher(s), it shall notify the
			 applicant in writing of the deficiencies in the application or audit and the
			 remedial action, if any, that is required of the applicant before the
			 Commission can issue a tax credit voucher(s) in response to the
			 application.
Connecticut Administrative Code › Title 12 - Taxation › 217jj - Film Production Tax Credit Program › Section 12-217jj-13 - Transfers of tax credits

Current through July 10, 2024
(a) Tax credit
			 vouchers may be sold, assigned or otherwise transferred by the applicant to one
			 or more taxpayers, in whole or in part, up to a maximum of three (3) times and
			 to the extent the tax credit has not previously been claimed. Any taxpayer that
			 is assigned or transferred a tax credit must claim such assigned credit in the
			 same income year that the applicant was eligible to claim the tax
			 credit.
(b) Each tax credit voucher
			 transferor and transferee shall jointly provide written notice of such transfer
			 to the Commission on such forms as may be prescribed by the Commission, not
			 later than thirty (30) days after the transfer. For the purposes of subsections
			 12-217jj(b)(2)
			 and (d) of the Connecticut General Statutes,
			 a taxpayer to which a tax credit evidenced by a tax credit voucher may be sold,
			 assigned or otherwise transferred, or that may sell, assign or otherwise
			 transfer such tax credit, shall include a corporation, partnership, limited
			 liability company, or other business entity; provided, however, that the tax
			 credits evidenced by such tax credit voucher may only be claimed against the
			 taxes imposed under chapters 207 and 208 of the Connecticut General
			 Statutes.
(c) The written notice to
			 the Commission of transfer shall include the following:
(1) The tax credit voucher number;
(2) The date of transfer;
(3) The total amount of credit
			 transferred;
(4) The tax credit
			 voucher balance before and after the transfer;
(5) The transferor's and transferee's federal
			 tax identification numbers; and,
(6) Consideration paid by the transferee for
			 the transfer;
(7) Such other
			 information as the Commission may require.
Connecticut Administrative Code › Title 12 - Taxation › 217kk - Film and Digital Media Infrastructure Tax Credit Program › Section 12-217kk-1 - Statement of purpose

Current through July 10, 2024
These rules and regulations, which were drafted in consultation
				with the Department of Revenue Services, have been adopted to implement and are
				intended to be applied so as to accomplish the purposes of the film industry
				infrastructure tax credit program as established by section
				12-217kk
				of the General Statutes. The film industry infrastructure tax credit program is
				administered by the Connecticut Commission on Culture and Tourism. The film
				industry infrastructure tax credit program is designed to encourage the
				development of a strong infrastructure base for film and other entertainment
				media in order to foster the development of the industry in this State with
				state of the art facilities and equipment.
Connecticut Administrative Code › Title 12 - Taxation › 217kk - Film and Digital Media Infrastructure Tax Credit Program › Section 12-217kk-2 - Definitions

Current through July 10, 2024
As used in sections
				12-217kk-1
				to
				12-217kk-13,
				inclusive, of the Regulations of Connecticut State Agencies:
(1) "American Institute of Certified Public
			 Accountants (AICPA)" shall mean the organization which establishes financial,
			 accounting and auditing procedures to which certified public accounts (CPA's)
			 must adhere.
(2) "Applicant" or
			 "the applicant" shall mean, as the context of these regulations shall require:
(a) An entity undertaking an infrastructure
			 project which applies to the Commission for eligibility certification with
			 respect to that project; or,
(b) An
			 entity which applies to the Commission for a tax credit voucher after
			 eligibility certification for an infrastructure project.