Repeal of CT Weatherization Sales Tax Exemption

Posted by & filed under Legislative.

The Connecticut state legislature, in an effort to repair the budget deficit, repealed the sales tax exemption for residential weatherization products and compact fluorescent light bulbs. Effective Jan. 1, 2016 consumers will now have to pay sales tax on products including but not limited to: programmable thermostats; insulation; water heaters and water heater blankets; and… Read more »

Pay-When-Paid Sales Tax Law 2015

Posted by & filed under Legislative.

Purpose: This Informational Publication describes how materialmen may remit sales and use taxes on certain sales of building materials and services to real property as and when actually paid by the purchasers to whom the materialmen have extended credit, instead of remitting the full amount of tax at the time of the transaction as generally required by law.  … Read more »

Pay-When-Paid Sales Tax Law 2014

Posted by & filed under Legislative.

Purpose: This Informational Publication describes how materialmen may remit sales and use taxes on certain sales of building materials and services to real property as and when actually paid by the purchasers to whom the materialmen have extended credit, instead of remitting the full amount of tax at the time of the transaction as generally… Read more »