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Connecticut Business Changes

Date: 02/22/2008 | Category: Business | Author: Claire Reid

HB 5241

To create a more positive business environment for small businesses by repealing the tax on LLCs, LLPs, Limited Partnerships and S corporations.

Current Bill Status: February 14, 2008 Referred to Joint Committee on Finance, Revenue and Bonding.

HB 5247

To eliminate the two-hundred-fifty-dollar annual tax on limited liability companies, limited liability partnerships, limited partnerships and S corporations.

Current Bill Status: February 14, 2008 Referred to Joint Committee on Finance, Revenue and Bonding.

SB 139

To lower the corporation business tax by one per cent and to require combined returns from all taxpayers that have affiliated corporations.

Current Bill Status: February Referred to Joint Committee on Finance, Revenue and Bonding.

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