Tax & Financial Incentives in Connecticut
Sales and Use Tax Exemption
Connecticut Innovators (CI) can act as a conduit for a sales and use tax exemption for the company’s anticipated qualifying capital equipment and/or construction materials. This exemption relieves the company and/or the developer from the state’s 6.35% sales tax, up to the CI Board-approved amount. This procedure is subject to review and approval by the CI Board of Directors and CT Dept. of Revenue Services.
For more information, contact Connecticut Innovations.
Category: Business, State
More Business, State