Skip to main content
Find a Lawyer

Connecticut General Statutes Title 12. Taxation § 12-506a. Exchange of property

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) Repealed. (1973, P.A. 73-356, § 5, eff. May 4, 1973.)

(b) A partnership as such shall not be subject to the tax imposed by this chapter. Persons who are partners shall be liable for said tax only in their individual capacities in the same manner that individuals are liable for partnership income under the federal Internal Revenue Code  1 in effect for the taxable year.

(c) Repealed. (1973, P.A. 73-356, § 5, eff. May 4, 1973.)

(d) The tax imposed in this chapter shall not be applicable with respect to any sale or exchange of agricultural animals.

1 26 U.S.C.A. § 1 et seq.
Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Connecticut General Statutes Title 12. Taxation § 12-506a. Exchange of property - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-12-taxation/ct-gen-st-sect-12-506a/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard