Regulations of Connecticut State Agencies — Title 12
Conn. Agencies Regs § 12-242-10
The nondeductibility of funds which escheat to the state
Official textportal.ct.gov
No deduction may be taken by any savings bank, national bank, trust company, private bank or building or savings and loan association on its corporation business tax return for monies which have escheated to the state of Connecticut in accordance with the provisions of sections 3-57a and 3-65a to 3-75a of the General Statutes, or prior similar statutory provisions, regardless of whether such monies have been previously credited to income on the books of the taxpayer or included as income on the corporation business tax return of a prior year.
Source: official regulations index (title 12 publishes as one PDF)
Nearby sections (25 sections)
- 12-223a-1 · Combined tax
- 12-223a-2 · Combined operating loss
- 12-225-1 · Repealed, August 3, 2001
- 12-225-2 · Adjustments to net income resulting from subtraction of
- 12-226-1 · Repealed, August 3, 2001
- 12-226a-1 · Adjustments by commissioner
- 12-233-1 · Repealed, February 25, 2000
- 12-236-1 · Repealed, February 25, 2000
- 12-242-1 · Repealed, July 21, 1982
- 12-242-4 · Amortization of bond premiums
- 12-242-8 · Changes of accounting period
- 12-242-9 · Changes of accounting basis
- 12-242-10 · The nondeductibility of funds which escheat to the state
- 12-242-11 · Repealed, February 25, 2000
- 12-242b-1 · (a) Repealed, August 3, 2001
- 12-242d-1 · Estimated payments for short years
- 12-242d-2 · Repealed, August 3, 2001
- 12-268m-1 · Repealed
- 12-289-1 · Licenses for cigarette vending machines
- 12-293a-1 · Distributor's customer lists
- 12-293a-2 · (Effective January 24, 1986. Renumbered and amended,…
- 12-293a(a)-1 · Annual report in lieu of monthly reports for certain…
- 12-293a(c)-1 · Repealed April 11, 2006
- 12-300-1 · Redemption of stamps
- 12-300-2 · Exchange of stamps