Conn. Gen. Stat. § 12-709 - Sec. 12-709. Exemption Under Section 12-702 Not Applicable to Trusts or Estates. Taxes Payable by Fiduciary.

Section 12-709 - Sec. 12-709. Exemption Under Section 12-702 Not Applicable to Trusts or Estates. Taxes Payable by Fiduciary.
Section 12-708 - Sec. 12-708. Determination of Taxable Year and Method of Accounting Changes.Section 12-710 - Sec. 12-710. Persons Subject to Corporation Business Tax Not Taxable Under This Chapter. Persons Exempt From Federal Taxation Exempt From Taxation Under This Chapter.

The tax imposed under this chapter on a trust or estate shall be computed on the Connecticut taxable income of such trust or estate without allowance for any exemption under section 12-702 and shall be paid by the fiduciary.

(June Sp. Sess. P.A. 91-3, S. 60, 168.)

History: June Sp. Sess. P.A. 91-3, S. 60, effective August 22, 1991, and applicable to taxable years of taxpayers commencing on or after January 1, 1991.

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