Sec. 32-540. Compliance with employment, labor and income tax laws.
Sec. 32-540. Compliance with employment, labor and income tax laws. The
employees of exempt companies shall be considered to be employees of a company
domiciled in the United States and such exempt companies shall be required to comply
with applicable federal and state employment and labor laws and laws requiring the
income tax imposed under chapter 229 to be deducted and withheld from wages of
employees and to be paid over to the Commissioner of Revenue Services.
(P.A. 96-253, S. 11, 12.)
History: P.A. 96-253 effective July 1, 1996, and applicable to (1) income years of corporations under chapter 208
commencing on or after January 1, 1996, (2) income years of insurance companies under chapter 207 commencing on or
after January 1, 1996, (3) taxable years of taxpayers under chapter 229 commencing on or after January 1, 1996, or (4)
sales occurring on and after January 1, 1996, as the case may be.