reglab/statecodes huggingface dataset:
Connecticut Administrative Code › Title 12 - Taxation › 217y - Hiring Incentive Tax Credit Program › Section 12-217y-6 - Business firm to submit report at end of income year

Current through July 10, 2024
(a) Within thirty days of the end of its
			 income year, the business firm which has received a tax credit certification
			 shall submit a report to the Department of Labor, which specifies the number of
			 full calendar months that it employed a qualifying employee during the income
			 year, including a log of the specific dates of the weeks and number of hours
			 per such weeks that the qualifying employee was employed and the name and
			 Social Security number of each qualifying employee. The Department shall notify
			 eligible business firms in writing that they are approved to claim the credit.
			 The notification shall specify the amount of credit the business firm may claim
			 on behalf of each qualifying employee and the total amount of credit the
			 business firm may claim under the Hiring Incentive Tax Credit Program. A copy
			 of this notification shall be attached by the business firm to its corporate
			 business tax return filed with the Department of Revenue Services.
(b) The Department will provide the
			 Department of Revenue Services with a list of each business firm's certified
			 employees and the amount of the firm's tax credit eligibility.
Connecticut Administrative Code › Title 12 - Taxation › 217y - Hiring Incentive Tax Credit Program › Section 12-217y-8 - Tax credit carry forwards

Current through July 10, 2024
The amount of tax credit allowed to a business firm which is
				not used in the income year in which the expenditure was made may be carried
				forward for the five immediately succeeding income years until the full credit
				has been allowed.
Connecticut Administrative Code › Title 12 - Taxation › 218 - Corporation Business Tax › Section 12-218-1 - Definitions

Current through July 10, 2024
(a) "Entire net income" means net income
			 apportioned to this state under section
			 12-218.
			 Only a company which is taxable both within and without this state shall be
			 entitled to apportion its net income to this state. In the case of a company
			 which is not taxable both within and without this state, any reference to its
			 entire net income means its net income.
(b) "Entire net loss" means the excess (of
			 allowable deductions over gross income) apportioned to this state under section
			 12-218.
			 Only a company which is taxable both within and without this state shall be
			 entitled to apportion its excess (of allowable deductions over gross income) to
			 this state. In the case of a company which is not taxable both within and
			 without this state, any reference to its entire net loss means its excess of
			 allowable deductions over gross income.
(c) The commissioner, in his discretion, may
			 require a company which files its annual return as if it were "taxable both
			 within and without this state" to submit an official ruling from a state (which
			 purportedly has taxing jurisdiction over such company) concerning its
			 jurisdiction to impose a net income tax, a franchise tax for the privilege of
			 doing business or a corporate stock tax on such company. Such an official
			 ruling shall in no event bind the commissioner or be deemed
			 conclusive.
(d) The "principal
			 place of business" of a company is deemed to be within this state if the nerve
			 center from which its officers control and coordinate corporate activities in
			 furtherance of corporate objectives is within this state, or if the location of
			 its overall, active management is within this state.
(e) Interest income and intangible assets are
			 "managed or controlled" by a company within this state if-
(1) an office separate and distinct (if
			 applicable) from the principal place of business of such company and officers
			 of such company, charged with or responsible for the administration of, and the
			 routine corporate activities involving, this particular aspect (interest income
			 and intangible assets) of business operations are within this state;
			 or
(2)
Connecticut Administrative Code › Title 12 - Taxation › 218 - Corporation Business Tax › Section 12-218-2 - Derivation of income or loss

Current through July 10, 2024
(a) Whether or not
			 the net income or loss of a company is derived from the manufacture, sale or
			 use of tangible personal or real property shall be determined by examining its
			 business wherever carried on and not just by examining its business carried on
			 within this state.
(b) The primary
			 derivation of net income or loss shall be controlling. If the net income or
			 loss of a company is primarily derived from the manufacture, sale or use of
			 tangible personal or real property and only secondarily derived from an
			 activity not involving the manufacture, sale or use of tangible personal or
			 real property, the net income or loss of such company shall be deemed to be
			 derived from the manufacture, sale or use of tangible personal or real
			 property.
Connecticut Administrative Code › Title 12 - Taxation › 218 - Corporation Business Tax › Section 12-218-3 - Apportionment fraction

Current through July 10, 2024
(a) If the net
			 income or loss of a company is primarily derived from the manufacture, sale or
			 use of tangible personal or real property, such net income or loss shall be
			 apportioned within and without this state by multiplying such net income or
			 loss by the apportionment fraction, the numerator of which is described in
			 subsection (b) and the denominator of which is described in subsection
			 (c).
(b) The numerator of the
			 apportionment fraction is the sum of the property factor, the payroll factor,
			 and twice the receipts factor. These factors are defined in section
			 12-218(b).
			 If a company cannot compute a factor, e.g., if a company paid no wages,
			 salaries or other compensation to employees, then a zero shall be substituted
			 for the factor which cannot be computed.
(c) The denominator of the apportionment
			 fraction is four, unless a company cannot compute a factor, as illustrated by
			 the example in subsection (b). If a company cannot compute a factor, the
			 denominator of the apportionment fraction is the sum of the following for the
			 factors which it can compute: in the case of the property factor, one; in the
			 case of the payroll factor, one; and in the case of the receipts factor, two.
			 Thus, e.g., if a company cannot compute the payroll factor but can compute the
			 property factor and the receipts factor, then the denominator of the
			 apportionment fraction is three.
Connecticut Administrative Code › Title 12 - Taxation › 219a - Corporation Business Tax › Section 12-219a-1 - Definitions

Current through July 10, 2024
(a) "Entire additional tax base" means the
			 additional tax base apportioned to this state under section
			 12-219a.
			 Only a company which is taxable both within and without this state shall be
			 entitled to apportion its additional tax base to this state. In the case of a
			 company which is not taxable both within and without this state, any reference
			 to its entire additional tax base means its additional tax base.
(b) The commissioner, in his discretion, may
			 require a company which files its annual return as if it were "taxable both
			 within and without this state" to submit an official ruling from a state (which
			 purportedly has taxing jurisdiction over such company) concerning its
			 jurisdiction to impose a net income tax, a franchise tax measured by net
			 income, a franchise tax for the privilege of doing business or a corporate
			 stock tax on such company. Such an official ruling shall in no event bind the
			 commissioner or be deemed conclusive.
(c) The "principle place of business" of a
			 company is deemed to be within this state if the nerve center from which its
			 officers control and coordinate corporate activities in furtherance of
			 corporate objectives is within this state, or if the location of its overall,
			 active management is within this state.
(d) "Private corporation" means a
			 corporation, the majority of the shares (of any class or type) of which are not
			 held by or for, directly or indirectly, the United States, any State, or any
			 subdivision or agency of the United States or any State. The stock of a private
			 corporation includes treasury stock shown on the balance sheet.
Connecticut Administrative Code › Title 12 - Taxation › 221a - Corporation Business Tax Alternate Method of Apportionment Under Section 12-221a › Section 12-221a-1 - Alternate method of apportionment

Current through July 10, 2024
(a)
In
			 general.
(1) The standard that the
			 Commissioner adopts under this regulation is that section
			 12-221a
			 of the general statutes is to be interpreted to permit a departure from the
			 statutory apportionment formula only in limited and specific cases, and use of
			 an alternate method of apportionment under section
			 12-221a
			 of the general statutes is appropriate only in specific cases where unusual
			 fact situations (which ordinarily will be unique and nonrecurring) produce
			 incongruous results under the statutory apportionment formula. Where there are
			 no such unusual fact situations producing incongruous results under the
			 statutory apportionment formula, the statutory apportionment formula must be
			 used.
(2) Special industry
			 apportionment. With respect to certain industries, such as rail transportation,
			 ship transportation, television, radio, magazine publishing or motion pictures,
			 for which some jurisdictions have adopted, by statute or regulation, a
			 substitute apportionment formula for an entire industry in lieu of an otherwise
			 applicable statutory apportionment formula, this regulation is not intended to
			 establish a substitute apportionment formula for an entire industry. The
			 Commissioner, however, has the inherent power under section
			 12-221a
			 of the general statutes, after adopting regulations in accordance with the
			 provisions of chapter 54, to establish such substitute apportionment
			 formulae.
(3) Topics not covered by
			 this regulation. The invocation of section
			 12-221a
			 of the general statutes, especially to "throw back" or "throw out" receipts
			 from the receipts factor, is not appropriate where the issue is whether or not
			 a company is entitled to apportion its net income or its additional tax base.
			 Section
			 12-218,
			 12-218a
			 or
			 12-219a,
			 as the case may be, of the general statutes governs such disputes, and not
			 section
			 12-221a
			 of the general statutes. If a company is entitled to apportion its net income
			 or its additional tax base, the statutory apportionment formula must be used,
			 unless an alternate method of apportionment is petitioned for (and granted)
			 under subsection (b) or required under subsection (c) of this
			 regulation.
Connecticut Administrative Code › Title 12 - Taxation › 223a - Corporation Business Tax › Section 12-223a-1 - Combined tax

Current through July 10, 2024
(a) There shall be
			 added to the combined tax an amount equal to the number of companies included
			 in such combined return less one, multiplied by two hundred fifty
			 dollars.
(b) The sum computed under
			 subsection (a) shall not be less than an amount equal to the number of
			 companies included in such combined return, multiplied by two hundred fifty
			 dollars.
Connecticut Administrative Code › Title 12 - Taxation › 223a - Corporation Business Tax › Section 12-223a-2 - Combined operating loss

Current through July 10, 2024
(a) A "combined
			 operating loss" exists in an income year (the combined loss year) in which the
			 companies included in a combined return have a combined entire net loss (i.e.,
			 the sum of the entire net loss or, if applicable, the entire net income of each
			 company included in such combined return is less than zero).
(b) The portion of a combined operating loss
			 which may be deducted as a combined operating loss carryover in any of the five
			 income years next succeeding the combined loss year shall be limited to the
			 lesser of the following:
(1) the combined
			 entire net income (i.e., the sum, if greater than zero, of the entire net
			 income or, if applicable, the entire net loss of each company included in such
			 combined return) of the succeeding income year in which such deduction is
			 sought to be allowed, or
(2) the
			 excess, if any, of such combined operating loss over the aggregate amount of
			 the combined entire net income for any preceding income year succeeding such
			 combined loss year, such combined entire net income of such preceding tax years
			 being-
(A) computed for such purposes without
			 regard to any combined operating loss carryover allowed from such combined loss
			 year;
(B) computed for such
			 purposes with regard to any operating loss carryover allowed from a loss year
			 (preceding such combined loss year) to a company not included in a combined
			 return in such loss year; and
(C)
			 regarded for such purposes as not less than zero.
Connecticut Administrative Code › Title 12 - Taxation › 225 - Corporation Business Tax › Section 12-225-2 - Adjustments to net income resulting from subtraction of exempt income shall be net of expenses

Current through July 10, 2024
(a)
Definitions.
As used in this section, the following terms have the
			 meaning ascribed to them in this subsection. The meaning which such terms have
			 ascribed to them elsewhere is not pertinent to their use in this section.
(1) "Interest expense" means the aggregate
			 amount allowable for purposes of chapter 208 of the general statutes to the
			 taxpayer as a deduction for interest paid or incurred for the income year,
			 determined without regard to section
			 12-225
			 of the general statutes or this section, and includes amounts, whether or not
			 designated as interest, paid or incurred in respect of deposits, investment
			 certificates, or withdrawable or repurchasable shares. "Interest expense" also
			 includes, with respect to interest paid or incurred on indebtedness incurred or
			 continued to purchase or carry tax-exempt obligations, any amount paid or
			 incurred by any person making a short sale, as defined for federal income tax
			 purposes, in connection with personal property used in such short sale, or any
			 amount paid or incurred by any other person for the use of any collateral with
			 respect to such short sale, but shall not include any amount paid or incurred
			 by any person making a short sale if the taxpayer provides cash as collateral
			 for any short sale, and the taxpayer receives or accrues no material earnings
			 on such cash during the period of the sale.
(2) "Exempt income" means 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, and includes exempt interest
			 income.
(3) "Exempt interest
			 income" means interest 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.
(4) "Tax-exempt
			 obligation" means any obligation the interest on which is exempt interest
			 income.
(5) "Financial institution"
			 means any person who accepts deposits from the public in the ordinary course of
			 such person's trade or business, and is subject to Federal or State supervision
			 as a financial institution.
Connecticut Administrative Code › Title 12 - Taxation › 242 - Corporation Business Tax › Section 12-242-4 - Amortization of bond premiums

Current through July 10, 2024
Corporations shall compute amortization of bond premiums on
				their Connecticut corporation tax returns in the same manner as computed and
				reported under the provisions of the federal corporation net income tax law
				except that amortization on federally exempt or partially exempt bonds shall be
				reported and deducted from bond interest income on Connecticut returns.
Connecticut Administrative Code › Title 12 - Taxation › 242 - Corporation Business Tax › Section 12-242-10 - The nondeductibility of funds which escheat to the state

Current through July 10, 2024
No deduction may be taken by any savings bank, national bank,
				trust company, private bank or building or savings and loan association on its
				corporation business tax return for monies which have escheated to the state of
				Connecticut in accordance with the provisions of sections
				3-57a
				and
				3-65a
				to 3-75a of the General Statutes, or prior similar statutory provisions,
				regardless of whether such monies have been previously credited to income on
				the books of the taxpayer or included as income on the corporation business tax
				return of a prior year.
Connecticut Administrative Code › Title 12 - Taxation › 242d - Corporation Business Tax › Section 12-242d-1 - Estimated payments for short years

Current through July 10, 2024
(a)
Definitions.
In this section:
(1)
			 "Companies" means companies subject to tax under chapter 208 of the Connecticut
			 General Statutes;
(2) "Required
			 annual payment" means the required annual payment, as defined in section
			 12-242d(e)
			 of the Connecticut General Statutes; and
(3) "Short income year" means an income year
			 of less than 12 months.
Connecticut Administrative Code › Title 12 - Taxation › 289 - Cigarette Tax › Section 12-289-1 - Licenses for cigarette vending machines

Current through July 10, 2024
(a)
Definitions
.
As used in this section:
(1) "License" means a cigarette vending
			 machine license issued for a cigarette vending machine under this section;
			 and
(2) "Licensee" means a person
			 to whom a license is issued.
Connecticut Administrative Code › Title 12 - Taxation › 293a(a) - Cigarette Tax › Section 12-293a(a)-1 - Annual report in lieu of monthly reports for certain distributors

Current through July 10, 2024
(a) Except as otherwise provided in this
			 subsection, each distributor which does not, in the regular course of its
			 business, acquire unstamped cigarettes may file with the department an annual
			 report, prescribed as to form by the department, in lieu of the monthly reports
			 required by subsection (a) of section
			 12-293a
			 of the Connecticut General Statutes and known as Form CT-15,Monthly Tax Stamp
			 and Cigarette Report/Resident Distributor, in the case of a resident
			 distributor, or Form CT-15A,Monthly Tax Stamp and Cigarette Report/Nonresident
			 Distributor, in the case of a nonresident distributor. The annual report, which
			 shall bear notice to the effect that false statements made therein are
			 punishable, shall be filed at the time that the distributor applies for, or
			 applies to renew, a distributor's license under section
			 12-288 of
			 the Connecticut General Statutes. The distributor, in signing the annual
			 report, shall acknowledge and agree that, in the event the distributor acquires
			 unstamped cigarettes, the distributor shall be required to file monthly reports
			 required by subsection (a) of section
			 12-293a
			 of the Connecticut General Statutes. The provisions of the preceding sentence
			 to the contrary notwithstanding, the commissioner may, in his or her
			 discretion, require a distributor which has filed such annual report to file
			 the monthly reports required by section
			 12-293a
			 of the Connecticut General Statutes if the enforcement of chapter 214 otherwise
			 would be adversely affected.
(b) A
			 distributor which has filed with the department the annual report described in
			 subsection (a) of this section shall send notice to the department if the
			 distributor intends to acquire unstamped cigarettes and shall file with the
			 department form CT-15 or form CT-15A, as the case may be, if such distributor
			 acquires unstamped cigarettes during any month.
Connecticut Administrative Code › Title 12 - Taxation › 300 - Cigarette Tax › Section 12-300-1 - Redemption of stamps

Current through July 10, 2024
(a) The department
			 shall redeem any stamp affixed to any package of cigarettes which has become
			 unfit for use and consumption or unsalable on the filing by the distributor and
			 the manufacturer of such cigarettes of form CT-30,
Cigarette Stamp
			 Refund Claim
, attesting to the return to the manufacturer of such
			 package and to the number and denomination of the stamps affixed thereto and
			 attesting to the receipt by such manufacturer from such distributor of such
			 package and the destruction of the stamps affixed thereto.
(b) The department shall, at the election of
			 the distributor, allow a credit against the tax to such distributor or issue
			 new stamps to such distributor. If the distributor requests that new stamps be
			 issued, the distributor shall choose either to have:
(1) an authorized employee of the distributor
			 be issued the new stamps in person at the headquarters of the department or at
			 any designated field office of the department, or
(2) the new stamps shipped to the
			 distributor.
Connecticut Administrative Code › Title 12 - Taxation › 300 - Cigarette Tax › Section 12-300-2 - Exchange of stamps

Current through July 10, 2024
(a) The department
			 shall, on request of a distributor or dealer, exchange new stamps for stamps
			 mutilated while being affixed to a package of cigarettes. The provisions of the
			 preceding sentence to the contrary notwithstanding, the commissioner may, in
			 his discretion, refuse to exchange new stamps for mutilated stamps until he has
			 examined the stamping records of the distributor or dealer. The distributor or
			 dealer shall choose either:
(1) to have an
			 authorized employee of the distributor or dealer be issued the new stamps in
			 person at the headquarters of the department or at any designated field office
			 of the department, or
(2) to have
			 the new stamps shipped to the distributor or dealer.
Connecticut Administrative Code › Title 12 - Taxation › 302 - Cigarette Tax › Section 12-302-1 - Affixing of stamps by distributor

Current through July 10, 2024
(a) A distributor
			 shall affix stamps to the bottom of each unstamped package of
			 cigarettes.
(b) A distributor shall
			 cancel, in ink, the stamps with such distributor's license number.
Connecticut Administrative Code › Title 12 - Taxation › 313 - Cigarette Taxes › Section 12-313-8a - Licenses required for temporary stand

Current through July 10, 2024
(a) A dealer's
			 license issued for a regular place of business does not cover a temporary stand
			 located at a place apart from the regular place of business, whether or not
			 cigarettes are sold only for a limited time. Each stand selling cigarettes at
			 fairs, stadiums, expositions or other businesses of a temporary nature shall be
			 licensed separately.
(b) This
			 section is prescribed pursuant to section
			 12-313
			 of the general statutes.
Connecticut Administrative Code › Title 12 - Taxation › 313 - Cigarette Taxes › Section 12-313-9a - Inventories

Current through July 10, 2024
(a) Each licensed distributor shall, on form
			 CT-31, Cigarette and Unaffixed Stamp Inventory Report for Resident
			 Distributors, in the case of a resident distributor, or on form CT-31A,
			 Cigarette and Unaffixed Stamp Inventory Report for Nonresident Distributors, in
			 the case of a nonresident distributor, take a physical inventory at the close
			 of business on the last day of each month, whether or not a perpetual inventory
			 is kept, of unstamped packages of cigarettes on hand and unaffixed stamps on
			 hand. The commissioner may, without prior notice to the licensed distributor,
			 assign an authorized officer of the department to assist in the taking of such
			 physical inventory. form CT-31 or form CT-31A, as the case may be, shall be
			 submitted with each monthly report referred to in subsection (a) of section
			 12-293a
			 of the Connecticut General Statutes and known as form CT-15, Monthly Tax Stamp
			 and Cigarette Report/Resident Distributor, in the case of a resident
			 distributor, or form CT-15A, monthly tax stamp and cigarette report/nonresident
			 distributor, in the case of a nonresident distributor.
(b) If a licensed distributor discovers that
			 some or all of its unaffixed stamps are lost or missing, the distributor shall
			 immediately notify the department in writing of this discovery and provide the
			 roll number or numbers of the lost or missing stamps. If the distributor
			 subsequently finds unaffixed stamps that it previously reported to the
			 department as lost or missing, the distributor shall immediately notify the
			 department in writing that such stamps were found and provide the roll number
			 or numbers of the found stamps. The distributor may not affix the found stamps
			 to packages of cigarettes until the department authorizes the distributor in
			 writing to affix the stamps to packages of cigarettes.
Connecticut Administrative Code › Title 12 - Taxation › 313 - Cigarette Taxes › Section 12-313-10a - Purchase of stamps

Current through July 10, 2024
(a) Stamps may be
			 purchased if and only if a distributor or dealer files form O-252, Order and
			 Invoice/Cigarette Tax Stamps. In filing form O-252, a distributor or dealer
			 shall choose either
(1) to have an authorized
			 employee of the distributor or dealer purchase the ordered stamps in person at
			 the headquarters of the department or at any designated field office of the
			 department, or
(2) to have the
			 ordered stamps shipped to the distributor or dealer.
Connecticut Administrative Code › Title 12 - Taxation › 313 - Cigarette Taxes › Section 12-313-11a - Records

Current through July 10, 2024
(a) The complete and accurate records
			 required under section
			 12-309
			 of the general statutes to be kept by a licensed distributor shall include a
			 sales journal which shows daily sales both of stamped packages of cigarettes
			 and of unstamped packages of cigarettes by such distributor, a purchases
			 journal which shows daily purchases both of stamped packages of cigarettes and
			 of unstamped packages of cigarettes by such distributor, a copy of each sales
			 invoice which shall show the date, the name and address of the purchaser, the
			 quantity of cigarettes sold, the sales price, and whether or not the cigarettes
			 were delivered to the purchaser, and a copy of each purchase invoice which
			 shall show the date, the name and address of the seller, the quantity of
			 cigarettes purchased, the list price of the manufacturer, and whether or not
			 the face value of stamps required by chapter 214 is included in such list
			 price.
(b) The complete and
			 accurate records required under section
			 12-309
			 of the general statutes to be kept by a licensed dealer shall include a sales
			 journal which shows daily sales by such dealer, a purchases journal which shows
			 daily purchases both of stamped packages of cigarettes and of unstamped
			 packages of cigarettes by such dealer, and a copy of each purchase invoice
			 which shall show the date, the name and address of the distributor, the
			 quantity of stamped cigarettes purchased, the quantity of unstamped cigarettes
			 purchased, the cost to such dealer, and whether or not a trade discount other
			 than a cash discount is allowed to such dealer.
(c) This section is prescribed pursuant to
			 section
			 12-313
			 of the general statutes.
Connecticut Administrative Code › Title 12 - Taxation › 313 - Cigarette Taxes › Section 12-313-12a - Sales, exchanges and transfers of unstamped packages of cigarettes by distributors

Current through July 10, 2024
If unstamped packages of cigarettes are sold, exchanged or
				transferred by a distributor, such distributor shall complete in duplicate form
				AU-761, Acknowledgment of Receipt of Unstamped Cigarettes, attesting to the
				sale, exchange or transfer of such packages and the name and address of the
				person to whom such packages are sold or transferred or with whom such packages
				are exchanged. Duplicates shall be furnished by such distributor to such other
				person which shall certify to and return one copy to such distributor and shall
				keep the other copy with its records.
Connecticut Administrative Code › Title 12 - Taxation › 313 - Cigarette Taxes › Section 12-313-13a - Computation of cost

Current through July 10, 2024
(a) In computing
			 "cost to the distributor," as defined in section 12-323 of the general
			 statutes-
(1) a decimal of less than
			 five-tenths of one cent shall be disregarded and a decimal of five-tenths of
			 one cent or more shall be considered to be one cent.
(2) "no delivery is made" by a distributor to
			 its customer, if cigarettes are delivered to such customer at the place of
			 business of such distributor or, if the freight is paid by such customer, to a
			 common carrier.
(3) "delivery is
			 made" by a distributor to its customer, if cigarettes are delivered to such
			 customer at some place other than the place of business of such distributor or,
			 if the freight is paid by such distributor, to a common carrier.
Connecticut Administrative Code › Title 12 - Taxation › 313 - Cigarette Taxes › Section 12-313-14a - Nonresident distributors

Current through July 10, 2024
(a) All costs of
			 sending an authorized officer of the Department of Revenue Services to the
			 place of business of a person authorized by the commissioner under section
			 12-301
			 of the general statutes to affix, or cause to be affixed, the stamps required
			 by chapter 214 for the purpose of examination of the books, accounts and
			 records of such person shall be borne and, to the extent deemed feasible by the
			 commissioner, prepaid by such person.
(b) This section is prescribed pursuant to
			 section
			 12-313
			 of the general statutes.
Connecticut Administrative Code › Title 12 - Taxation › 313 - Cigarette Taxes › Section 12-313-16a - Delivery by distributors to agents

Current through July 10, 2024
(a) A licensed
			 distributor shall not furnish and deliver to any agent of such distributor
			 packages of cigarettes on which the tax imposed under chapter 214 has been paid
			 unless such delivery is made to such agent solely for the purpose of selling
			 such packages on behalf of such distributor to a licensed dealer or dealers and
			 is made pursuant to a written contract, which has been approved under
			 subsection (b) of this section by the commissioner, by and between such
			 distributor and such agent.
(b) The
			 contract shall be approved by the commissioner if it specifies the price and
			 quantity of cigarettes which will be delivered to the agent and the date of
			 delivery and provides that the agent shall be obligated, within ten days after
			 such date of delivery, either to sell such cigarettes and account for the sales
			 proceeds to such distributor or to return such cigarettes to such distributor,
			 that title to such cigarettes, until sold, shall remain in such distributor,
			 and that the agent shall act in the capacity of agent of such distributor in
			 dealing with a licensed dealer or dealers. The contract may contain additional
			 provisions, provided such provisions shall not conflict with the provisions of
			 chapter 214 or the regulations promulgated thereunder. The contract shall be
			 submitted for approval to the Department of Revenue Services, Audit Division,
			 Excise Tax Subdivision.
(c)
			 Violations by the agent of a distributor of the provisions of chapter 214 or
			 the regulations promulgated thereunder shall be deemed to be violations by such
			 distributor.
(d) This section is
			 prescribed pursuant to section
			 12-313
			 of the general statutes.
Connecticut Administrative Code › Title 12 - Taxation › 314a - Cigarette Tax › Section 12-314a-1 - Authorized distribution of sample packages of cigarettes

Current through July 10, 2024
(a) A dealer or distributor may give or
			 deliver sample packages of cigarettes in connection with the promotion or
			 advertisement of such cigarettes but only if the dealer or distributor has
			 received prior written authorization from the department to give or deliver
			 such sample packages. A dealer or distributor shall not receive such prior
			 written authorization unless the dealer or distributor applies in writing to
			 the excise and public services taxes subdivision of the audit division of the
			 department for written authorization to give or deliver such sample packages
			 and is able to establish, to the satisfaction of the department, that all the
			 conditions set forth in subsection (b) of this section are met. Such written
			 application shall be made no fewer than ten business days before the proposed
			 distribution of cigarettes. The department, upon receiving such written
			 application and if satisfied that all the conditions set forth in subsection
			 (b) of this section are met, shall authorize in writing the giving or
			 delivering of such sample packages by the dealer or distributor.
(b)
(1) The
			 department shall authorize a dealer or distributor to give or deliver sample
			 packages of cigarettes in connection with the promotion or advertisement of
			 such cigarettes if it is established, to the satisfaction of the department,
			 that all the conditions that are set forth in subdivisions (2) and (3) of this
			 subsection are met.
(2) Each sample
			 package of cigarettes shall contain at least two cigarettes; and
(3) the dealer or distributor, as the case
			 may be, shall:
(A) receive no monetary
			 consideration for the sample packages of cigarettes that are being given or
			 delivered;
(B) have previously paid
			 to the department all taxes imposed on the sample packages of cigarettes,
			 including those taxes imposed under chapters 214 and 219 of the Connecticut
			 General Statutes;
(C) keep records
			 pertaining to the receipt and distribution of the sample packages of
			 cigarettes, including the date, location and quantity of sample packages
			 received and distributed, and to the date and amount of taxes paid on sample
			 packages received and distributed; and
(D) distribute sample packages of cigarettes
			 only on the premises of a dealer, or within an area to which access is limited
			 to persons 18 years of age or older.
Connecticut Administrative Code › Title 12 - Taxation › 330n - Regulations Required under 2000 Conn. Pub. Acts 208 › Section 12-330n-1 - Records

Current through July 10, 2024
In addition to the records that are required to be kept by a
				licensed distributor under chapter 214a of the general statutes, complete and
				accurate records relating to the schedule that is required to be filed by
				section
				12-330n-2
				shall be kept by each licensed distributor, as defined in subsection (f) of
				section
				12-330n-2.
				Failure of a licensed distributor to comply with the provisions of this section
				by not keeping complete and accurate records relating to such schedule shall be
				deemed a violation of this section, and the license of the licensed distributor
				shall be subject to suspension or revocation under section
				12-330e
				of the general statutes.
Connecticut Administrative Code › Title 12 - Taxation › 330n - Regulations Required under 2000 Conn. Pub. Acts 208 › Section 12-330n-2 - Schedule required under 2000 Conn. Pub. Acts 208

Current through July 10, 2024
(a)
Monthly schedule
. As part of
			 the monthly report that is referred to in section
			 12-330d
			 of the general statutes and that is known as Form OP-300, every licensed
			 distributor, as defined in subsection (f) of this section, shall complete and
			 attach to such report a schedule, in such form as is prescribed by the
			 Department of Revenue Services and containing the information specified by
			 subsection (b) of this section, to account for and reconcile the quantity of
			 roll-your-own tobacco that is sold by the licensed distributor during the
			 monthly period that is covered by the Form OP-300.
(b)
Required information
.
(1) The schedule that is required to be filed
			 by subsection (a) of this section shall contain the information that is
			 specified by this subsection.
(2)
			 The schedule shall list each manufacturer from which the licensed distributor
			 made direct purchases of roll-your-own tobacco that was actually manufactured
			 by such manufacturer, and the quantity by weight of such directly-purchased
			 tobacco that was sold by the licensed distributor during the month. For each
			 such manufacturer so listed, the schedule shall list all roll-your-own tobacco
			 purchased from such manufacturer, and the quantity by weight that was sold by
			 the licensed distributor during the month.
(3) The schedule shall also list all other
			 suppliers from which the licensed distributor made purchases of roll-your-own
			 tobacco, including roll-your-own tobacco that was purchased from one
			 manufacturer but that was actually manufactured by another manufacturer. Such
			 list shall include all purchases of roll-your-own tobacco that are made by the
			 licensed distributor during the month, other than directly from the actual
			 manufacturer of the roll-your-own tobacco.
(4) For each separate supplier listed under
			 subdivision (3) of this subsection, the schedule shall list all brands of
			 roll-your-own tobacco purchased from such supplier, and the quantity by weight
			 of each such brand that was sold by the licensed distributor during the
			 month.
(5) For each brand of
			 roll-your-own tobacco listed for each supplier under subdivision (4) of this
			 subsection, the schedule shall list (A) the name of the manufacturer of such
			 roll-your-own tobacco, where such manufacturer intended the roll-your-own
			 tobacco to be sold in the United States, or (B) the name of the person or
			 entity first responsible for such roll-your-own tobacco being designated or
			 identified for sale in the United States, where the manufacturer of such
			 roll-your-own tobacco did not intend such tobacco to be sold in the United
			 States. The schedule shall also list any other information as may be required
			 by the Department of Revenue Services.
Connecticut Administrative Code › Title 12 - Taxation › 341b - Value of Taxable Reversionary Interest › Section 12-341b-1 - Value of taxable reversionary interest

Current through July 10, 2024
(a) The value
			 of a taxable reversionary interest immediately before the death of the decedent
			 shall be determined, without regard to the fact of the decedent's death, the
			 same way it is determined for federal estate tax purposes under
			 26
			 CFR 20.2031-7, as in effect on the date on
			 which this section is filed with the Secretary of the State.
(b) This section applies to estates of
			 decedents who die on or after the date on which this section is filed with the
			 Secretary of the State.
Connecticut Administrative Code › Title 12 - Taxation › 359 - Succession Tax › Section 12-359-1 - Summary of insurance or annuity contract to be filed in probate court

Current through July 10, 2024
The summary of the insurance or annuity or other similar
				contract with an insurance company which, under the provisions of section
				12-359
				of the general statutes, may be filed in the court of probate in lieu of a copy
				of such contract shall be in the form of a statement by the insurance company
				which issued the contract setting forth the name of such company, the kind of
				contract, its number and date of issue, the name of the decedent who made the
				transfer evidenced by the contract, the date of his death, what rights, powers
				and privileges are reserved to him in the contract, the amount of the premium
				paid for the contract, the name or names of the person or persons who paid the
				premium, the names and birthdays of all annuitants, payees and beneficiaries
				named in the contract, the amount or amounts payable to each under the
				contract, when they are payable and, if the payment of them or any of them
				depends upon the outcome of a contingency, what the contingency is.
Connecticut Administrative Code › Title 12 - Taxation › 364 - Release of Succession Tax Liens › Section 12-364-1 - Release of succession tax liens by probate court; real property owned in joint tenancy with right of survivorship

Current through July 10, 2024
(a)
Definitions.
For purposes of sections 12-364-1,
			 12-366-1,
			 12-382-1,
			 and
			 12-398-1
			 of the Regulations of Connecticut State Agencies:
(1) "Commissioner" means the Commissioner of
			 Revenue Services;
(2) "Exempt
			 beneficiary" means a:
(A) Class AA
			 beneficiary (the surviving spouse of the decedent);
(B) Class A beneficiary, as defined in §
										12-344(a)
			 of the Connecticut General Statutes, of the estate of a decedent who dies on or
			 after January 1, 2001;
(C) Class B
			 beneficiary, as defined in section
			 12-344(a)
			 of the Connecticut General Statutes, of the estate of a decedent who dies on or
			 after January 1, 2003; or a
(D)
			 Class C beneficiary, as defined in section
			 12-344(a)
			 of the Connecticut General Statutes, of the estate of a decedent who dies on or
			 after January 1, 2005;
(3) "Gross taxable estate" means gross
			 taxable estate as defined in section
			 12-349 of
			 the Connecticut General Statutes;
(4) "Net estate" means net estate as defined
			 in section
			 12-350
			 or
			 12-352
			 of the Connecticut General Statutes, as the case may be;
(5) "Judge of probate" means:
(A) The judge of probate who has jurisdiction
			 of a resident decedent's estate;
(B) The judge of probate for the district
			 that has jurisdiction of a nonresident decedent's ancillary estate;
			 or
(C) The judge of probate for the
			 district in which a nonresident decedent's real property is situated, if
			 ancillary proceedings have not already started.
Connecticut Administrative Code › Title 12 - Taxation › 366 - Release of Succession Tax Liens › Section 12-366-1 - Release of succession tax liens by probate court; real property not owned in joint tenancy with right of survivorship

Current through July 10, 2024
(a)
Certificate of release of lien
. Where a resident or a nonresident
			 decedent's gross taxable estate includes an interest in real property held
			 other than in joint tenancy with the right of survivorship, the judge of
			 probate may issue a certificate of release of lien for such real property if he
			 or she finds that no Connecticut succession or transfer tax will be due from
			 the estate.
(b)
Finding that
			 no tax will be due
.
(1) The judge of
			 probate's finding that no Connecticut succession or transfer tax will be due
			 with respect to the decedent's interest in the real property shall be based on
			 satisfactory evidence that either:
(A) Each of
			 the beneficiaries of the decedent's estate are exempt beneficiaries; or
			 that
(B) No succession or transfer
			 tax is likely to be due, given the value of the decedent's gross taxable estate
			 and the beneficiaries to whom the estate will pass.
Connecticut Administrative Code › Title 12 - Taxation › 382 - Requirements for Consents to Transfer › Section 12-382-1 - Transfer, payment or delivery of property without the consent of the commissioner

Current through July 10, 2024
Where a transfer is subject to succession tax under section
				12-340(a)
				or (b) of the Connecticut General Statutes,
				the commissioner's consent is not required for the transfer, payment or
				delivery of any property of a resident or a nonresident decedent where:
(a) The transfer, payment or delivery is to
			 an exempt beneficiary;
(b) A
			 Connecticut probate court has issued a decree appointing a fiduciary, as
			 evidenced by Form PC-450, Fiduciary's Probate Certificate, with the probate
			 court seal affixed to it, to grant administration to a fiduciary; or
(c) The transferor is a bank; trust company,
			 savings bank, savings and loan association or credit union that pays moneys
			 deposited in a joint account to the survivor or in a trust account to the
			 beneficiary.
Connecticut Administrative Code › Title 12 - Taxation › 398 - Release of Estate Tax Liens › Section 12-398-1 - Release of estate tax liens by probate court

Current through July 10, 2024
(a)
Certificate of release of lien
. Where a resident or a nonresident
			 decedent's gross estate, as defined in section
			 12-391(c)
			 of the Connecticut General Statutes, includes any interest in real property
			 situated in Connecticut, the judge of probate may issue a certificate of
			 release of lien for such real property if he or she finds that no Connecticut
			 estate tax will be due from the estate.
(b)
Finding that no tax will be
			 due
.
(1) The judge of probate's
			 finding that no Connecticut estate tax will be due from the decedent's estate
			 shall be based on satisfactory evidence that no federal estate tax will be
			 imposed on the decedent's estate under
			 26 USC
			 2001, after taking the credit allowed under
			 26 USC
			 2010.
(2) The judge of probate's finding that no
			 Connecticut estate tax will be due shall not affect the responsibility of any
			 person to file a return, or to collect or pay any tax subsequently found to be
			 due under the provisions of chapter 217 of the Connecticut General
			 Statutes.