Bill > HB07373

This bill implements the Department of Revenue Services' recommendations for minor revisions to the tax and related statutes. The key provisions of the bill include: - Establishing a new tax on partnerships and S corporations based on their Connecticut-sourced income, with credits available for members of these entities to offset their individual state income taxes. - Allowing affected business entities to file combined returns or use an alternative tax calculation method. - Expanding the Commissioner of Revenue Services' ability to issue warrants on intangible personal property. - Making various changes to the appeals process for taxpayers aggrieved by decisions or determinations of the Commissioner of Revenue Services. - Imposing a new 25-cent fee on each prearranged ride originating in Connecticut for transportation network companies. - Requiring referrers of online sales to provide certain notices to consumers and sellers regarding sales and use tax obligations. The bill also repeals several existing statutes related to the state's tax system.

Budget and Finance

Finance, Revenue and Bonding Committee (Joint)

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB07373&which_year=2019