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Basic Business Taxes
Corporate income tax:
The corporate income tax maximum rate has been reduced to 7.5 percent.
Connecticut Business Response Center
805 Brook Street, Building 4
Rocky Hill, CT 06067
(800) 392-2122
The corporate income tax maximum rate has been reduced to 7.5 percent.
Sales tax:
The state sales tax is 6 percent.
Property tax:
Tax on real and tangible property is levied by municipalities, which assess property for local tax purposes at 70 percent of actual value. There are no county taxes. Tax abatements are offered in cooperation with state business assistance programs.
Tax incentive programs:
The state has developed an extensive range of tax incentive programs to assist companies in expansion and relocation. These tax programs include sales tax exemptions, corporate income tax abatements, and tax credits for incremental tax financing.
Connecticut Business Response Center
805 Brook Street, Building 4
Rocky Hill, CT 06067
(800) 392-2122
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