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To ensure payment is applied to your account write 2008 Form OP-424 and the entity s Connecticut Tax Registration Number on the check. TSC to electronically le and pay Form OP-424. The TSC is an interactive tool that can be accessed through the DRS website at www. Department of Revenue Services State of Connecticut Form OP-424 DRS/N Rev. 12/08 Business Entity Tax Return Penalty The penalty for late payment of the tax due is 50. DRS may submit you.

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When filing as a C-Corp, your LLC will need to pay the 21% federal corporate income tax rate along with the 7.5% Connecticut corporate tax rate.

Business Entity Tax Return. An entity is liable for the BET until it ceases to transact business in Connecticut and officially dissolves/withdraws with the Connecticut Secretary of the State.

Every PE that does business in Connecticut or has income derived from or connected with sources within Connecticut must file Form CT‑1065/CT‑1120SI regardless of the amount of its income or loss.

Connecticut law requires annual report filings for all corporations, nonstock corporations, limited liability companies, limited liability partnerships and limited partnerships.

General information about Connecticut Form OP-424, Business Entity Return. As of June 26, 2019, taxpayers are no longer required to file the $250 biennial (2-year) Connecticut Business Entity Tax (BET) ing to the Connecticut State Department of Revenue Services.

Connecticut also has a 7.50 percent corporate income tax rate. Connecticut has a 6.35 percent state sales tax rate and levies no local sales taxes. Connecticut's tax system ranks 47th overall on our 2023 State Business Tax Climate Index.

IMPORTANT INFORMATION - the following tax types are now available in myconneCT: Individual Income Tax, Attorney Occupational Tax, Unified Gift and Estate Tax, Controlling Interest Transfer Tax, and Alcoholic Beverage Tax. - Click here for the latest information. Note: The Business Entity Tax (BET) no longer exists.

The business entity tax costs $250 and is due every two years.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232