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New Connecticut Exemptions, July 2014


 Connecticut: New sales tax exemptions take effect July 2014.

Update, 8.13.2014: Effective July 1, 2014, admissions charges to events at the XL Center in Hartford are also exempt from sales tax.

Please see effective date correction below (in bold).

Several new sales and use tax exemptions take effect in Connecticut on July 1, 2014.

Credit unions and community hospitals

Beginning July 1, 2016 the transfer of “tangible personal property or services to, and the storage, use or other consumption of tangible personal property services by, a Connecticut credit union” are exempt from sales and use tax.

Likewise, community hospitals will benefit from “all the privileges, immunities, tax exemptions and other exemptions of the Connecticut Health and Educational Facilities Authority.” House Bill 5597 reads:

“For the fiscal years ending June 30, 2015, to June 30, 2017, inclusive, the sales of tangible personal property or services to and by an acute care hospital, operating as a sole community hospital in this state for the exclusive purposes of such sole community hospital….”

Admissions

Connecticut imposes a 10% admissions tax “to any place of amusement, entertainment or recreation.” However, numerous admission charges are entitled to an exemption from admissions tax, including admission charges costing less than $1.00 and charges for motion picture shows costing less than $5.00.

And effective July 1, 2014, admissions to any event at the Webster Bank Arena in Bridgeport, Connecticut, are also exempt from the tax.

Stay on top of changing sales tax rates and regulations. Learn more.

 


Gail Cole
Avalara Author
Gail Cole
Gail Cole
Avalara Author Gail Cole
Gail began researching and writing about sales tax in 2012 and has been fascinated with it ever since. She has a penchant for uncovering unusual tax facts, and endeavors to make complex sales tax laws more digestible for both experts and laypeople.