Part I - IMPOSITION AND PAYMENT OF TAX
- Section 12-213 - Definitions
- Section 12-214 - Imposition of tax. Surcharge
- Section 12-214a and 12-215 - [Repealed]
- Section 12-216 - Payment of tax by out-of-state corporations
- Section 12-216a - Payment of tax by companies having economic nexus with state. Applicability to companies treated as foreign corporations by the Internal Revenue Code
- Section 12-217 - Deductions from gross income. Net income and operating loss carry-over of S corporations and combined groups
- Section 12-217a and 12-217b - [Repealed]
- Section 12-217c and 12-217d - [Repealed]
- Section 12-217e - Tax credits for certain manufacturing, service and eligible facilities
- Section 12-217f - [Repealed]
- Section 12-217g - Tax credits for apprenticeship training in manufacturing, construction and plastics-related trades
- Section 12-217h - [Repealed]
- Section 12-217i - Tax credits for investments in vehicles powered by clean alternative fuels or electricity, for construction of or improvements to alternative fuel filling stations and for converting motor vehicles to utilize alternative fuels
- Section 12-217j - Tax credit for research and experimental expenditures
- Section 12-217k - [Repealed]
- Section 12-217l - [Repealed]
- Section 12-217m - [Repealed]
- Section 12-217n - Rolling tax credit for research and development expenses. Carryforward limit
- Section 12-217o - Tax credit for machinery and equipment expenditures
- Section 12-217p - [Repealed]
- Section 12-217q and 12-217r - [Repealed]
- Section 12-217s - Tax credit for expenditures related to traffic reduction programs
- Section 12-217t - Tax credit for personal property taxes paid on electronic data processing equipment
- Section 12-217u - Tax credit for financial institutions constructing new facilities and creating new jobs
- Section 12-217v - [Repealed]
- Section 12-217w - [Effective Until 7/1/2025] Tax credit for investment in fixed capital
- Section 12-217w - [Effective 7/1/2025] Tax credit for investment in fixed capital
- Section 12-217x - Tax credit for human capital investment
- Section 12-217y - [Repealed]
- Section 12-217z - [Repealed]
- Section 12-217aa - Order of credits
- Section 12-217bb - [Repealed]
- Section 12-217cc - Tax credit for certain small businesses obtaining financing from federal Small Business Administration
- Section 12-217dd - Tax credit for donation of land for open space or educational use
- Section 12-217ee - Refund of unused credits under sections 12-217j and 12-217n
- Section 12-217ff - Tax credit for donation of land for educational use. No credit allowed on or after January 1, 2013
- Section 12-217gg - Tax credit for employment expansion project
- Section 12-217hh - [Repealed]
- Section 12-217ii - Jobs creation tax credit program
- Section 12-217jj - Film production tax credit. Regulations
- Section 12-217kk - Tax credit for infrastructure projects in the entertainment industry. Regulations
- Section 12-217ll - Tax credit for digital animation production companies. Regulations
- Section 12-217mm - Tax credit for green buildings. Sunset
- Section 12-217nn - Qualified small business job creation tax credit program
- Section 12-217oo - Vocational rehabilitation job creation tax credit program
- Section 12-217pp - Job expansion tax credit program. No credit allowed for new jobs created on or after January 1, 2014
- Section 12-217qq - Tax credit for employers making certain student loan payments
- Section 12-217rr - Tax credits for cash contributions to youth development organizations. Sunset
- Section 12-217ss - [Effective 1/1/2025] Tax credits for share plan program
- Section 12-217tt - Tax credit for contributions into ABLE accounts of employees
- Section 12-217uu to 12-217yy - Reserved for future use
- Section 12-217zz - Limit on credits under this chapter
- Section 12-217aaa - Accumulated research and development tax credits
- Section 12-217bbb - Accumulated research and experimental expenditures tax credits and accumulated research and development tax credits. Innovation investment fund tax credit auction
- Section 12-218 - Apportionment of net income
- Section 12-218a - Apportionment of tax on insurance company
- Section 12-218b - Apportionment of net income of financial service companies
- Section 12-218c - Restrictions on the deductibility of certain intangible expenses and interest expenses with a related member
- Section 12-218d - Restriction on the deductibility of interest expenses or costs related to certain transactions with related members
- Section 12-218e - Combined group's net income. Apportionment percentage. Net operating loss. Carryover. Additional tax base. Nexus combined base tax
- Section 12-218f - Combined group determined on world-wide basis, affiliated group basis or water’s-edge basis. Tax havens
- Section 12-218g - Net deferred tax liability and assets. Deductions
- Section 12-219 - Capital base tax. Phase-out. Surcharge
- Section 12-219a - Apportionment of tax base in and out of state. Insurance companies excepted
- Section 12-219b - Election with respect to apportionment of net income
- Section 12-220 to 12-221 - [Repealed]
- Section 12-221a - Petition for alternative method of apportionment. Regulations
- Section 12-222 - Annual return. Designated taxable member of combined group. Duties
- Section 12-223 - [Repealed]
- Section 12-223a - Combined corporation business tax return
- Section 12-223b - Intercompany rents and business receipts
- Section 12-223c - Minimum tax in combined return
- Section 12-223d - Assessments against one or more taxpayers in combined return
- Section 12-223e - Readjustment of taxes on revision of combined return
- Section 12-223f - Preference tax due from corporations filing a combined return
- Section 12-224 - Return of fiduciary
- Section 12-225 - Supplemental and amended returns. Refund claim
- Section 12-226 - Correction of returns; additional tax; refunds
- Section 12-226a - Adjustments by the commissioner. Regulations
- Section 12-227 - Interest on refunds
- Section 12-228 - [Repealed]
- Section 12-229 - Failure to pay tax or make return. Penalty. Waiver of penalty authorized
- Section 12-230 - Forfeiture of corporate rights for failure to make returns
- Section 12-231 - Penalties for wilful violation of requirements related to payment of tax or delivery of documentation
- Section 12-231a - Formation of insurance company affiliate of holding company to evade tax
- Section 12-232 - Authority to take testimony under oath; subpoenas
- Section 12-233 - Examination of returns by commissioner. Deadlines for mailing deficiency assessments. Penalties for deficiencies. Payment by taxpayer
- Section 12-234 - Settlement with Treasurer
- Section 12-235 - Delinquent taxes; interest; collection
- Section 12-235a - Disallowance of credits if taxes due and unpaid
- Section 12-236 - Hearing by commissioner
- Section 12-237 - Appeal
- Section 12-238 - [Repealed]
- Section 12-239 - Abatement of taxes on motor bus company in receivership
- Section 12-240 - Publication and disclosure of information
- Section 12-241 - Tax to be in lieu of other taxes
- Section 12-241a - Definition
- Section 12-242 - Regulations