CT HB05147

5% surcharge on capital gains for taxpayers at or above the highest marginal tax bracket threshold, with revenue dedicated to public higher education institutions

Child tax credit of $500 per child (nonrefundable) or $400 per child (refundable) for up to three dependent children

19% surcharge on investment management services fees

New top marginal income tax rates of 9.55% (over $1 million), 10.25% (over $10 million), and 10.65% (over $50 million) for single/married filing separately filers, with proportional thresholds for joint filers and heads of household

10% tax on digital advertising revenue in Connecticut for businesses with worldwide gross revenues exceeding $10 billion, and elimination of the $2.5 million cap on combined unitary tax calculations for corporate groups