Tax & Accounting Blog

CT makes affiliate nexus retroactive to May 4, 2011

Indirect Tax, Sales Tax Nexus June 13, 2011

Connecticut HB 6652, the budget adjustment bill, was introduced as an emergency measure on June 5th and passed on June 6th.  The bill is awaiting the governor’s signature, which is expected shortly.

The bill changes key provisions of the affiliate nexus bill recently passed:

  • Applies to affiliates “located in” Connecticut, not just “a resident of” Connecticut;
  • Removes the rebuttable presumption language;
  • Is retroactive to sales occurring on or after May 4, 2011 rather than the original effective date of July 1, 2011

The full text of the bill can be found here:  HB 6652