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.
Conn. Gen. Stat. § 12-416b
Revenue sharing of certain tax revenue with revenue agencies of other states
Known as the Sales and Use Taxes Act
The act spans §§ 12–12 (73 sections).
(P.A. 98-244, S. 19, 35; P.A. 02-103, S. 20.) History: P.A. 98-244 effective June 8, 1998; P.A. 02-103 made technical changes.
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.