2015 Connecticut General Statutes
Title 12 - Taxation
Chapter 223 - Real Estate Conveyance Tax
Section 12-504 - Effect of federal transfer tax.
If the federal government imposes a federal documentary stamp tax on real estate transfers at the same rate as, or a higher rate than, that imposed by this chapter, this chapter shall cease to have any force and effect; but if such federal tax is imposed at a rate less than that imposed by this chapter, this chapter shall continue in effect but the tax imposed by this chapter shall be reduced by the amount of such federal tax.
(1967, P.A. 693, S. 11.)
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