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Connecticut Extends Corporation Tax Surcharge

|Approved Changes|United States
United States

The Governor of the U.S. state of Connecticut signed House Bill No. 7287 into law on 30 June 2025, which concerns the State Budget for the biennium ending 30 June 2027. One of the main tax measures is the extension of the 10% corporation tax surcharge levied on the tax liability of taxpayers with gross income of at least USD 100 million, as well as taxpayers that are members of a combined group that files a combined unitary tax return, regardless of their gross income amount. The surcharge i…

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