The Connecticut Department of Revenue Service (DRS) has released a document summarizing key legislation enacted during the 2024 regular session of the Connecticut General Assembly. The document details various amendments and new provisions affecting corporation business tax, business tax credits, income tax, sales and use taxes, insurance, cigarette taxes, and administrative provisions, with effective dates ranging from the date of passage to Jan. 1, 2025. [Conn. Dep’t of Revenue Servs., 2024 Connecticut State Tax Developments, 12/01/24]
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