Connecticut § 12-416b Revenue sharing of certain tax revenue with revenue agencies of other states.

Connecticut Statutes

§ 12-416b — Revenue sharing of certain tax revenue with revenue agencies of other states.

Connecticut § 12-416b

Title 12Taxation

Ch. 219Sales and Use Taxes

This text of Connecticut § 12-416b (Revenue sharing of certain tax revenue with revenue agencies of other states.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 12-416b (2026).

Text

The Commissioner of Revenue Services is authorized to pay to a revenue agency of another state an amount not to exceed fifty per cent of the tax actually collected as the result of an assessment made under section 12-416 against any purchaser of tangible personal property or services described in subdivision (2) of subsection (a) of section 12-407 if said commissioner, in the commissioner's sole discretion, determines that information provided by such agency was instrumental in the making of such assessment.

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The Commissioner of Revenue Services is authorized to pay to a revenue agency of another state an amount not to exceed fifty per cent of the tax actually collected as the result of an assessment made under section 12-416 against any purchaser of tangible personal property or services described in subdivision (2) of subsection (a) of section 12-407 if said commissioner, in the commissioner's sole discretion, determines that information provided by such agency was instrumental in the making of such assessment.