Connecticut State Tax Rules for Foreign Companies - Nexus

Connecticut Taxation Rules for Foreign Corporations:

Chapter 208 - Corporation Taxes


Sec. 12-216a. Payment of tax by companies having economic nexus with state. Any company that derives income from sources within this state, or that has a substantial economic presence within this state, evidenced by a purposeful direction of business toward this state, examined in light of the frequency, quantity and systematic nature of a company's economic contacts with this state, without regard to physical presence, and to the extent permitted by the Constitution of the United States, shall be liable for the tax imposed under this chapter. Such company shall apportion its net income under the provisions of this chapter.

      (June Sp. Sess. P.A. 09-3, S. 90.)

      History: June Sp. Sess. P.A. 09-3 effective September 9, 2009, and applicable to income years commencing on or after January 1, 2010.


Note: This Citation is as of 9/15/12 - ALL Connecticut State Tax Rules are subject to change and update and you must confirm as filing or relying. This citation is for your general awareness.

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