Controlling Interest Transfer Tax
Section 12-638a - Sec. 12-638a. Definitions.Section 12-638b - Sec. 12-638b. Tax on Transfer of Controlling Interest in Entity Possessing Real Property. Rate of Tax Applied to the Value of the Real Property.Section 12-638c - Sec. 12-638c. Filing Return and Payment of Tax. Penalty and Waiver Provisions. Regulations.Section 12-638d - Sec. 12-638d. Examination of Records. Deficiency Assessment. Penalty. Limitation of Assessment Period.Section 12-638e - Sec. 12-638e. Excess Payments.Section 12-638f - Sec. 12-638f. Claims for Refund.Section 12-638g - Sec. 12-638g. Wilful Violations. Penalties.Section 12-638h - Sec. 12-638h. Records. Examinations. Hearings. Testimony.Section 12-638i - Sec. 12-638i. Application to Commissioner for Hearing.Section 12-638j - Sec. 12-638j. Collection of Tax. State Lien Against Real Estate as Security for Tax.Section 12-638k - Sec. 12-638k. Certain Portion of Tax Collected to Be Remitted to Town in Which the Real Property Is Located.Section 12-638l - Sec. 12-638l. Additional Tax Imposed With That Under Section 12-638b When the Real Property Conveyed Is Classified as Open Space, Maritime Heritage, Farm or Forest Land at the Time of Transfer.Section 12-638m - Sec. 12-638m. Payment of Tax Imposed by Section 12-638l. Classification of the Land Terminates Automatically.Section 12-638n - Sec. 12-638n. Transfers Not Subject to the Tax Under Section 12-638l.Section 12-638o - Sec. 12-638o. Filing and Collection Provisions Related to the Tax Under Sections 12-638l to 12-638n, Inclusive.Section 12-638p - Sec. 12-638p. Certain Records to Be Kept by Any Entity With Respect to Which a Sale or Transfer of Controlling Interest in Such Entity Is Subject to Tax Under This Chapter.Section 12-639 - Sec. 12-639.