Tv Antenna

Public Act 2 (H.B. 6495), Laws 2003, provided for a quarterly (previously, annual) Connecticut utility tax on community antenna television system companies after 2002. Thus, for calendar quarters beginning after 2002, such companies must file a return, Form 211 CATV, and pay the tax by the last day of the month following the end of each calendar quarter. The 2002 return, Form CATV 2115, and the tax payment for 2002 are due by April 1, 2003.

The change from an annual to a quarterly tax also requires a change in the apportionment factor for calendar quarters beginning after 2002 for community antenna television system companies operating both inside and outside Connecticut. For quarterly reporting, the numerator of the fraction used to apportion a company's gross earnings to Connecticut is the total miles of the company's lines operated in Connecticut on the first day and the last day of the calendar quarter, and the denominator is the total miles of the company's lines operated both inside and outside Connecticut on the first day and last day of the calendar quarter. (Special Notice 2003(4), Connecticut Department of Revenue Services, March 25, 2003.)

Copyright CCH Incorporated: Federal and State Tax Apr 29, 2003
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