Proposed H.B. No. 5865
Session Year 2021

AN ACT CONCERNING THE TAX TREATMENT OF INVESTMENT FUND NET PROFITS ATTRIBUTABLE TO CERTAIN INVESTMENT MANAGEMENT SERVICES.

To specify that net profits of investment funds attributable to certain investment management services performed by fund managers be treated as ordinary income subject to the corporation business and personal income taxes, rather than as investment profits subject to the capital gains tax.

Other Bills with Similar Topics

  Capital gains and dividends tax 

 

• HB05274 - AN ACT ESTABLISHING A SURCHARGE ON CAPITAL GAINS.
• HB06187 - AN ACT CONCERNING THE RESTRUCTURING OF CERTAIN TAXES AND TAX EQUITY.
• SB00173 - AN ACT ESTABLISHING A SURCHARGE ON CAPITAL GAINS.
• SB00821 - AN ACT CONCERNING THE REFORMATION OF CERTAIN TAXES AND TAX EQUITY.

  Corporation business tax 

 

• HB06187 - AN ACT CONCERNING THE RESTRUCTURING OF CERTAIN TAXES AND TAX EQUITY.
• HB06443 - AN ACT CONCERNING REVENUE ITEMS TO IMPLEMENT THE BIENNIAL BUDGET.
• SB00821 - AN ACT CONCERNING THE REFORMATION OF CERTAIN TAXES AND TAX EQUITY.
• SB01202 - AN ACT CONCERNING PROVISIONS RELATED TO REVENUE AND OTHER ITEMS TO IMPLEMENT THE STATE BUDGET FOR THE BIENNIUM ENDING JUNE 30, 2023.

  Income tax (State) 

 

• HB05040 - AN ACT CONCERNING CERTAIN ADJUSTMENTS FOR SENIORS TO PERSONAL INCOME TAX DEDUCTIONS.
• HB05277 - AN ACT CONCERNING THE DEDUCTION AND WITHHOLDING OF PERSONAL INCOME TAX FROM NONPAYROLL DISTRIBUTIONS.
• HB05289 - AN ACT ADJUSTING PERSONAL INCOME TAX RATES FOR TAXPAYERS ABOVE AND BELOW CERTAIN INCOME THRESHOLDS.
• HB06187 - AN ACT CONCERNING THE RESTRUCTURING OF CERTAIN TAXES AND TAX EQUITY.
• SB00821 - AN ACT CONCERNING THE REFORMATION OF CERTAIN TAXES AND TAX EQUITY.
• SB01077 - AN ACT CONCERNING THE DEPARTMENT OF REVENUE SERVICES' RECOMMENDATIONS FOR TAX ADMINISTRATION AND REVISIONS TO THE TAX AND RELATED STATUTES.

  Investments 

 

• HB06632 - AN ACT CONCERNING THE INVEST CT FUND PROGRAM.
• SB00468 - AN ACT INCREASING THE STATE TAX RATE ON CERTAIN PRIVATE INVESTMENT FUNDS.
• SB00878 - AN ACT CONCERNING CONNECTICUT INNOVATIONS, INCORPORATED.
• SB01108 - AN ACT CONCERNING A CONNECTICUT NEW MARKETS TAX CREDIT PROGRAM.