DECD: Incentives Overview

Incentives Overview

 
30% DIGITAL MEDIA & MOTION PICTURE TAX CREDIT
 
Public Act No. 06-186 in the 2006 session, the Connecticut General Assembly established tax credits for the production of digital media and motion pictures in Connecticut. The legislation calls for a tax credit equal to 30% of qualified digital media and motion picture production, preproduction and postproduction expenses incurred in the state that exceed $50,000. The Connecticut Commission on Culture and Tourism (Commission) and its new Digital Media and Motion Picture Division will administer the program. The tax credit takes effect July 1, 2006 and applies to income years starting on or after January 1, 2006.
 

Details

Pre-Application, Instructions, and Required Additional Forms
Access the PDF document and complete online.  Print out and submit as per instructions.

Statutes

 

 

INCOME TAX WITHHOLDING FOR ATHLETES OR ENTERTAINERS

Conn. Gen. Stat. 12-707, PS 2006(1). This statute and policy statement describe the requirements for income tax withholding from payments made to performers or performing entities on income derived from Connecticut sources.

Read the entire policy statement.

 

 
HOTEL TAX EXEMPTION

Conn. Gen. Stat. 12-408(1)
provides that the 12% hotel occupancy tax only applies to the first period not exceeding thirty consecutive days.  Accordingly occupancy beyond thirty days is not subject to the tax.





Content Last Modified on 12/14/2006 2:04:24 PM