OLR Report 2013-R-0301 compares tax rates in Connecticut and Massachusetts.
A table in the report compares tax rates in Connecticut and Massachusetts for the following taxes: personal income, sales and use, corporation income, business entity, insurance premium, real estate conveyance, estate, gift, alcoholic beverages, cigarettes, tobacco products, and motor fuels. The table includes only the tax rate and basis for each tax. It does not include other provisions that could affect the amount of taxes an individual or business taxpayer must pay (e.g., exemptions, deductions, credits, and apportionment formulas).
For more information, read the full report.
