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CT HB05179

Bill

Official Source

Status

Introduced

2/11/2010

Primary Sponsor

Tim O'Brien

Click for details

Origin

House of Representatives

2010 General Assembly

AI Summary

  • Requires corporations to file unitary tax reports that combine income from the corporation and all associated corporations
  • Mandates corporations pay corporate income taxes based on the greater of either the unitary combined report or their liability as separate corporations
  • Applies to corporations operating as affiliated entities or subsidiaries
  • Referred to Committee on Finance, Revenue and Bonding

Legislative Description

An Act Concerning Unitary Reporting For Corporate Taxes.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/11/2010

Committee Referrals

Finance, Revenue and Bonding2/11/2010

Full Bill Text

No bill text available