Instructions For Connecticut S Corporation Information And Composite Income Tax Return Form Ct-1120si - 1999 Page 4

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OTHER TAXES FOR WHICH THE S CORPORATION
MAY BE LIABLE
sells taxable goods or services. Use taxes are due on
The information that follows is intended to be a general
the purchase of taxable goods or services from out-of-
description of certain other Connecticut taxes for which
state retailers, or Connecticut retailers who have failed
a corporation may be liable. Failure to pay these or any
to collect the sales tax. Both taxes are reported on Form
taxes for which the corporation may be liable may subject
OS-114, Sales and Use Tax Return.
the corporation and its officers to civil and criminal
penalties.
To register for sales and use taxes and Connecticut
Connecticut Income Tax Withholding
income tax withholding as well as most other Connecticut
Anyone who maintains an office or transacts business in
taxes administered by the Department of Revenue
Connecticut and who is considered an employer for
Services, the corporation must complete Form REG-1,
federal income tax withholding purposes must withhold
Application for Tax Registration Number. If the
Connecticut income tax whether or not the payroll
corporation already has a Connecticut Tax Registration
department is located in Connecticut.
Number, additional taxes for which the corporation is
liable may be added to the registration by contacting the
Department's Registration Unit at 860-297-4885.
Controlling Interest Transfer Taxes
Connecticut imposes a tax on the transfer of a controlling
Connecticut Sales And Use Taxes
interest in an entity where the entity owns an interest in
Connecticut real property. This tax is reported on Form
A corporation may be responsible for the filing of sales
AU-330, Controlling Interest Transfer Tax.
and use tax returns. Sales taxes are due if the company
Page 4

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