DRS: 12-720(a)-4, Partnerships and S corporations - Repealed Effective 4/6/00

DRS has reproduced this regulation. This is an unofficial copy. Official copies of regulations ONLY are available from the Commission on Official Legal Publications. 111 Phoenix Avenue. Enfield, CT 06082. colp@jud.state.ct.us Copies of DRS forms and publications are available at http://www.ct.gov/drs

Repealed Effective 4/6/00

Connecticut Regulation, Reg. Sec.12-720(a)-4. Partnerships and S corporations.

(a) Partnerships and S corporations are not required to make declarations of estimated tax except as provided in 12-720(a)-5 and 12-720(a)-6 of this Part. However, partners and S corporation shareholders are required to make declarations of estimated tax in their individual capacities subject to the requirements of this Part, and to make appropriate estimated tax payments in the manner set forth in this Part, taking into consideration their estimated distributive or pro rata shares, as the case may be, of income or gains from such partnerships or S corporations.

(b) While this section pertains to Section 12-720(a) of the general statutes, for purposes of supplementary interpretation, as the phrase is used in Section 12-2 of the general statutes, the adoption of this section is authorized by Section 12-740(a) of the general statutes.

(Effective 11/18/1994)