Connecticut General Statutes (Tax)
Conn. Gen. Stat. § 12-504
Effect of federal transfer tax
Official textcga.ct.gov
If the federal government imposes a federal documentary stamp tax on real estate transfers at the same rate as, or a higher rate than, that imposed by this chapter, this chapter shall cease to have any force and effect; but if such federal tax is imposed at a rate less than that imposed by this chapter, this chapter shall continue in effect but the tax imposed by this chapter shall be reduced by the amount of such federal tax.
(1967, P.A. 693, S. 11.)
Source: view the official text
In this chapter (21 sections)
- 12-494 · Imposition of tax on conveyances of real property for…
- 12-494a · Deposit of portion of tax in municipal revenue sharing account
- 12-495 · Payment of tax. Endorsement
- 12-496 · Endorsement in cases of tax exemption
- 12-497 · Payment of tax and filing of return condition precedent to…
- 12-497a · Exemptions
- 12-498 · Exempt transactions
- 12-499 · Disposition of revenues
- 12-500 · Allocation of tax among municipalities
- 12-502a · Administrative provisions. Penalties. Hearings and appeals
- 12-502b · Deficiency assessment
- 12-503 · Recording without payment of tax as constructive notice
- 12-504 · Effect of federal transfer tax
- 12-504a · Conveyance tax on sale or transfer of land classified as…
- 12-504b · Payment of tax; land declassified; assessment change
- 12-504c · Excepted transfers. Change of ownership requirements
- 12-504d · Appeals
- 12-504e · Conveyance tax applicable on change of use or classification…
- 12-504f · Classification of land classified as farm, forest, open space…
- 12-504g · Recording without payment of tax as constructive notice
- 12-504h · Termination of classification as farm, forest, open space or…