Insights
Credit Available for Connecticut Passthrough Entity Tax
Tax Notes
September 30, 2019
David Nagle was quoted in the article, "Credit Available for Connecticut Passthrough Entity Tax," which was published by Tax Notes on September 30, 2019.
The article discusses the Department of Revenue's final guidance on claiming a credit for taxes paid by passthrough entities in Connecticut. David comments that the guidance is similar to a 2008 directive that addressed the extent to which credit applies to entity-level taxes paid by passthrough entities to other states.