Corporate Business Tax Exemption


Investments that help your business create jobs and modernize may be eligible for tax relief, including:

Corporate Business Tax Exemptions

  • All insurance companies, Connecticut incorporated and non-Connecticut incorporated qualify for these exemptions.
  • Certain banks, insurers and investment companies locating in the Hartford Financial Service Export Zone that conduct all business with non-U.S. persons may qualify for corporate income, insurance premiums, and sales and use tax exemptions.
  • If you sell protected open space or Class I or II water company land to the state or certain entities, you may qualify for capital gains exemptions.
  • If you have a non-U.S. corporation whose sole activities in CT are trading stocks, securities or commodities of your own account, you may qualify for exemptions.