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the Connecticut General Statutes
2005 Connecticut Code - Sec. 33-240. License fee. Exemption from excise and income taxes.
Sec. 33-240. License fee. Exemption from excise and income taxes. Each cooperative doing business in this state pursuant to this chapter shall pay annually, on or
before July first, to the Secretary of the State, a fee of twenty-five dollars, but shall be
exempt from all other excise and income taxes.
History: May Sp. Sess. P.A. 92-6 raised fee from ten to twenty-five dollars.
The legislature has wide discretion in the classification of property for taxation and in granting exemptions. 142 C. 483.
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