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13 results - page 1 of 3

Acts Affecting Taxes (Office of Legislative Research)

Jul 25, 2023

Following each legislative session, the Connecticut General Assembly's nonpartisan Office of Legislative Research produces a report highlighting "major provisions of new laws affecting taxes." This report, titled "Acts Affecting Taxes, has been released annually since 2006, with the exception of 2007 and 2020 when no report was released.

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Backgrounder: A Guide to the State Personal Income Tax (Office of Legislative Research)

Jun 21, 2022

Research report from the Connecticut General Assembly's nonpartisan Office of Legislative Research that provides an overview of Connecticut’s personal income tax, including the tax rates, exemptions, credit amounts, and thresholds in effect for the 2022 and 2023 tax years.

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DIY (Do-it-Yourself) Revenue Calculator (Office of the State Comptroller)

Jun 1, 2022

The DIY Revenue Calculator is an online, interactive tool provided by the Office of the State Comptroller, which allows users to calculate the approximate impact tax changes would have on overall state revenue. Using the DIY Revenue Calculator, users can 1) specify changes in existing state tax rates, 2) eliminate existing state tax exemptions and credits, and 3) implement new state taxes and fees to change the estimated amount and sources of state revenue.

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Connecticut Tax Incidence Reports (Department of Revenue Services)

Feb 28, 2022

Tax incidence is a method of analysis that examines the impact of taxation. The tax incidence report from Connecticut's Department of Revenue Services (DRS) examines the impact of taxes on Connecticut households, analyzes the "results of the interplay of tax impacts," and provides an overview of Connecticut's tax environment.

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Connecticut Tax Expenditure Reports (Office of Fiscal Analysis)

Feb 1, 2022

In accordance with state statute, every other year, the Connecticut General Assembly's Office of Fiscal Analysis produces a report on the state's tax expenditures, which are defined as exemptions, exclusions, deductions, or credits that result in less tax revenue to the State or municipalities than they would otherwise receive.

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