1993 Legislative Amendments Affecting the Real Estate Conveyance Tax
PURPOSE: This Special Notice describes changes affecting State and municipal real estate conveyance taxes made by 1993 Conn. Pub. Acts 311, §4 and 1993 Conn. Pub. Acts 389, §6.
STATUTORY AUTHORITY: Conn. Gen. Stat. §12-498, as amended by 1993 Conn. Pub. Acts 311, §4 and 1993 Conn. Pub. Acts 389, §6.
EFFECTIVE DATES: Effective with respect to deeds described herein that convey an interest in real property on or after July 1, 1993.
DEEDS BETWEEN SPOUSES: Under Conn. Gen. Stat. §12-498(a)(17), as added by 1993 Conn. Pub. Acts 389, §6, deeds between spouses are exempt from State and municipal real estate conveyance taxes.
Until the Real Estate Conveyance Tax Return (Form OP-236) is revised, exemption from tax shall be claimed by entering Exemption Code 17 on Line 17C.
DEEDS OF PROPERTY LOCATED IN ENTERTAINMENT DISTRICT: Under Conn. Gen. Stat. §12-498(b), as amended by 1993 Conn. Pub. Acts 311, §4, deeds of property located in an entertainment district designated under 1993 Conn. Pub. Acts 311, §1 are exempt from State real estate conveyance tax but remain subject to the municipal real estate conveyance tax.
Until the Real Estate Conveyance Tax Return (Form OP-236) is revised, exemption from tax shall be claimed by entering Exemption Code 18 on Line 17C.
EFFECT OF THIS DOCUMENT: A Special Notice is a document that announces a new policy or practice in response to changes in State or federal laws or regulations or to judicial decisions. A Special Notice indicates the Department's informal interpretation of Connecticut tax law and may be referred to for general guidance by taxpayers or tax practitioners.
EFFECT ON OTHER DOCUMENTS: None affected.
PLEASE NOTE THE FOLLOWING NEW INFORMATION ABOUT DRS.
FOR FURTHER INFORMATION: To order forms and publications or for further information, call the Department of Revenue Services at 860-297-5962 (Hartford area or out-of-state) or 1-800-382-9463 (in-state). Forms and publications may be ordered through voice-mail 24-hours a day by choosing Option 3 on your touch tone telephone.
Electronic Delivery Options: You can also obtain tax forms and publications 24-hours a day from our Web home page at https://www.ct.gov/drs. Telecommunications Device for the Deaf (TDD/TT) users only call 860-297-4911 during business hours.