 |
INCENTIVE DESCRIPTION
| State: | CT |
| Incentive Type: | Income/Franchise Tax Incentives and Credits |
| Incentive Title: | Other Tax Credits |
| Description: | Other Tax Incentives: 1. Passive investment companies that hold loans secured by real property are not subject to corporation business tax. 2. Financial service companies are allowed a single factor apportionment method based on customer location. 3. Net operating losses can be carried forward 20 years for losses incurred on or after January 1, 2000. 4. Manufacturers are allowed a single factor apportionment method based on gross receipts assignable to CT. 5. Broadcasters are allowed a single factor apportionment method based on gross receipts assignable to CT. |
| Eligibility Requirements: | Each incentive applies to a separate category of business. |
| Geographic Restrictions: | Statewide |
| Granting Authority: | CT Development Authority |
| The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com |
Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives. |
|
|
 |