CT Capital Gains Tax Hike Floated
Progressive Connecticut lawmakers are proposing a higher tax rate on capital gains earnings for wealthy taxpayers and higher personal income tax rates for millionaires.
State Delays Sales, Room Tax Deadlines
The Connecticut Department of Revenue Services is moving to put more cash in businesses’ pockets as their sales dry up due to the coronavirus pandemic.
Conn. Moves State Tax Deadline Because of Virus
Connecticut has extended the deadline for filing personal state income tax returns to July 15 because of the coronavirus outbreak.
Tobacco Wholesaler Sentenced to Three Years for Defrauding State of Taxes
A citizen of India residing in Fairfield was sentenced yesterday in New Haven federal court to three years of imprisonment, followed by three years of supervised release for defrauding the state of Connecticut of more than $5.8 million in taxes due on tobacco products imported into the state.
