Conn. Gen. Stat. § 12-648 - Sec. 12-648. Credit Against Succession Tax.

Section 12-648 - Sec. 12-648. Credit Against Succession Tax.
Section 12-647 - Sec. 12-647. Payment of Tax. Penalty for Late Payment. Extensions. Changes in Federal Gift Tax. Overpayments.Section 12-649 - Sec. 12-649. Records. Penalties. Administration. Appeals. Collection. Liens.

A credit shall be allowed against the tax imposed under chapter 216 in the amount of any tax imposed and paid under sections 12-640 to 12-649, inclusive, with respect to a gift includable in the gross taxable estate of the donor under said chapter 216.

(June Sp. Sess. P.A. 91-3, S. 144, 168; May Sp. Sess. P.A. 92-5, S. 35, 37; P.A. 93-261, S. 1, 4.)

History: June Sp. Sess. P.A. 91-3, S. 144, effective August 22, 1991, and applicable to gifts made on or after September 1, 1991; May Sp. Sess. P.A. 92-5 made a technical change; P.A. 93-261 deleted existing section and established a credit against the succession tax with respect to any tax imposed and paid under the gift tax, effective July 1, 1993, and applicable to gifts made on or after July 1, 1993.

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