NOTICE: We know many Connecticut businesses are struggling as they deal with the effects of COVID-19. We appreciate their perseverance and know they share our commitment to keeping our residents healthy. The state, working with its federal partners, has several programs and initiatives in place to assist businesses during this difficult period. For specific questions related to small business, email the Joint Information Center at COVID19.JIC@ct.gov, or call the DECD small business hotline at 860-500-2333. Individuals can call 2-1-1 for more information. For the most updated information, check ct.gov/coronavirus.com

Corporate Business Tax Credits

Overview

Connecticut offers a generous number of tax credits for business entities to help lower business costs, encourage more investment in specific areas or growth in targeted industry sectors, and encourage development in certain locations. 

The Department of Revenue Services offers more details on these tax credits — including who is eligible, whether these tax credits can be assigned or transferred, how to apply, and how to claim these credits.


More Information on Tax Credits

The Department of Economic and Community Development can also work with your business to help you identify your tax credit opportunities.