AN ACT CONCERNING REQUIREMENTS FOR CERTAIN TAX APPEALS, THE DISAGGREGATION OF CERTAIN TAX SOURCING INFORMATION, THE AMORTIZABLE BOND PREMIUM SUBTRACTION FOR PURPOSES OF THE PERSONAL INCOME TAX AND THE APPLICATION OF VALUATION ALLOWANCE FOR CERTAIN COMBINED GROUP REPORTING.
To (1) establish requirements for filing certain tax protests, (2) require the Commissioner of Revenue Services to provide certain disaggregated tax sourcing information; (3) eliminate the requirement that the amortizable bond premium subtraction for purposes of calculating Connecticut adjustable gross income be attributable to a trade or business of the taxpayer, and (4) revise certain dates with respect to the application of the valuation allowance under section 12-218h of the general statutes.
Introduced by:
Finance, Revenue and Bonding Committee
