Sec. 12-268b. Return of fiduciary.
Sec. 12-268b. Return of fiduciary. Any fiduciary who conducts or is liquidating
the business or is selling the assets of any company included in section 12-249, section
12-256 or section 12-264 shall be subject to the filing of returns in accord with, and to
the payment of taxes imposed by, this chapter in the same manner and to the same extent
as if the business were being conducted or liquidated or assets sold by agents or officers
of such company. The return of a fiduciary who has been appointed during a taxable
period under said sections, or following such period but on or before the last day upon
which a return may be filed for such period without penalty, shall include complete
information with respect to that part of such period during which the company conducted
the business as well as that part of such period in which the fiduciary himself was acting
and taxes shall be paid by the fiduciary for both parts of such period.
(1961, P.A. 604, S. 17; P.A. 76-114, S. 13, 21; P.A. 87-124, S. 5, 18.)
History: P.A. 76-114 made changes to reflect switch to quarterly rather than annual taxation, effective July 1, 1976,
and applicable to gross earnings in calendar quarter commencing January 1, 1977, and each calendar quarter thereafter;
P.A. 87-124 inserted reference to Sec. 12-249 concerning taxation of railroad companies and substituted "period" for
"quarter" where appearing, effective January 1, 1988, and applicable with respect to the tax imposed under chapter 210
on gross earnings in the calendar year ending December 31, 1987, and in each calendar year thereafter.