Sec. 12-242ss. Extension of time to grant refunds in certain cases.
Sec. 12-242ss. Extension of time to grant refunds in certain cases. Notwithstanding the provisions of section 12-225, the Commissioner of Revenue Services may
grant or deny any pending or future claim for refund of corporation business tax that is
based on the assertion that interest received on stock or obligations of the United States
should not be included in gross income for the purposes of corporation business tax for
any income year within three hundred sixty-five days of the receipt of such claim for
refund.
(P.A. 95-2, S. 16, 37.)
History: P.A. 95-2 effective March 8, 1995.