- For calendar years 2008-2012, (a) how much revenue did the gift tax generate and (b) how many gift tax returns were filed?
- Is Connecticut the only state that imposes a gift tax?
- Have any states recently repealed their gift taxes?
Table 1: Connecticut Gift Tax, Calendar Years 2008-2012
Calendar
Year
|
Revenue
Generated
($-millions)
|
Number of
Returns Filed
|
2012
|
$218.4
|
1,400
|
2011
|
65.3
|
407
|
2010
|
24.1
|
22
|
2009
|
24.6
|
46
|
2008
|
21.8
|
46
|
Total
|
354.2
|
1,921
|
For more information, including the reason for the significant jumps in 2011 and 2012, along with answers to the other questions, read the full report.