Chapter 211. Community Antenna Television Systems and One-Way Satellite Transmission Businesses Tax
Section
12-256Tax on gross earnings of community antenna television systems, one-way satellite transmission businesses and certified competitive video service providers.12-256a and 12-256bDefinitions. Company rendering telecommunications service subject to taxes under sections 12-255b and 12-256; liable for personal property tax related to service under section 12-255b; property tax collected by state and distributed to towns as payment in lieu of taxes.12-256cA portion of total tax payable with respect to telecommunications service rendered to be paid to the state and a portion thereof to be paid to municipalities in which the taxpayer operates.12-256d and 12-256eCompany subject to tax under sections 12-256 and 12-255b for same tax year may pay both taxes annually. One-third of total tax on telecommunications service under sections 12-256 and 12-258 to be distributed to municipalities as property tax relief.12-256fAmortization of portion of tax on gross earnings from telecommunications service for 1989 tax year plus entire tax under section 12-256g authorized for rate-making purposes.12-256gAdditional tax for 1989 tax year applicable to companies subject to tax under this chapter for telecommunications service rendered.12-257Companies furnishing, leasing or operating railroad cars.12-258Apportionment of gross earnings. Rates of tax.12-258aTax credit for expenditures for water pollution abatement facilities.12-258b and 12-258cTax credit for expenditures for: Air pollution abatement facilities; industrial waste treatment facilities.12-258dTax credit for expenditures to establish day care facilities for children of employees.12-259 to 12-263Tax computed on gross earnings. Commissioner to determine gross earnings and deductions. Assessment and due date of tax. Tax to be in lieu of all other taxation; exemption of stocks and bonds.