This newsletter summarizes Connecticut tax legislation enacted, court decisions rendered, and administrative guidance published by the Connecticut Department of Revenue Services (DRS) during calendar year 2022.  Please contact a member of our State and Local Tax Practice Group if you have any questions regarding the new tax law changes and how they may affect you and

In early March, Connecticut took a competitive step to encourage the investment in data centers and colocation facilities, an industry that has had substantial growth in recent years throughout the nation, especially as the data needs of every business have increased during the pandemic.  Such investment can be an attractive alternative to revive properties whose