Conn. Agencies Regs. § 12-717(b)-1 - Part-year resident trusts: income derived from or connected with sources within Connecticut
(a) For purposes of
determining the Connecticut income tax liability of a part-year resident trust,
the term "income derived from or connected with sources within this state"
means the sum of:
(1) the trust's Connecticut
taxable income for the period of residence, computed as if the taxable year for
federal income tax purposes were limited to the period of residence, and
determined under §
12-701(a)(9)-1
of Part IV as if the part-year resident trust were a resident trust,
(2) the trust's income derived from or
connected with sources within Connecticut for the period of nonresidence,
computed as if the taxable year for federal income tax purposes were limited to
the period of nonresidence, and determined under §§
12-713(a)-1
through
12-713(a)-4,
inclusive, of Part IV as if the part-year resident trust were a nonresident
trust and
(3) the special accruals
required by this Part.
(b) While this section pertains to Section
12-717(b)
of the general statutes, for purposes of supplementary interpretation, as the
phrase is used in Section
12-2
of the general statutes, the adoption of this section is authorized by Section
12-701(c)
of the general statutes.
Notes
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