8-395-10

Regulations of Connecticut State Agencies


Sec. 8-395-10. Carry forwards and carrybacks

The amount of tax credit received which is not exhausted in the tax year in which such credit must be claimed under Section 8 above must be carried back to the five preceding tax years (beginning with the earliest of such years) before any unexhausted balance can be carried forward to the five succeeding tax years (beginning with the earliest of such years).

(Effective September 26, 1988)