Get CERT-106, Claim For Refund Of Use Tax Paid On Motor ...

By law, motor vehicles are assessed at (i.e., taxed on) 70% of this value. Municipalities and special taxing districts set their own tax rates but cannot set them higher than a cap (currently 32.46 mills), which is set in statute.

The simple answer is because used car values went up an exponential amount during the pandemic. John Chaponis is the town assessor for Colchester which is one of the 72 towns and cities impacted by the tax cap. He is also the Legislative Chairman for the Connecticut Association of Assessing Officers.

Sales tax is charged at a rate of 6.35% (vessels and trailers that transport vessels are at 2.99% sales tax rate), except for those vehicles that are exempt from sales tax.

Mill Rate for Motor Vehicles. For assessment years commencing October 1, 2021, and each assessment year after, the mill rate for motor vehicles cannot exceed 32.46 mills. This is a decrease to the prior cap on mill rates, which was 45 mills for assessment years commencing October 1, 2017 through October 1, 2020. Conn.

22-118 §410 (effective May 26, 2022). Personal Income Tax Credit for Property Taxes Paid. Beginning in 2022, residents that own motor vehicles or homes in Connecticut will receive a property tax credit of up to $300, which is increased from the prior credit of $200.

All refund applications must be submitted prior to the expiration of the registration period. The refund is only for the registration fee. If you have not cancelled your registration; DMV will cancel your registration and process the refund.

CT task force looking at eliminating car tax in long-running battle; need to replace $1 billion for municipalities. Connecticut has formed a 22-member task force to study the possible elimination of the car tax. November 6, 2023 at 6:00 a.m.

Sales tax is charged at a rate of 6.35% (vessels and trailers that transport vessels are at 2.99% sales tax rate), except for those vehicles that are exempt from sales tax.