{"data":{"id":"us-ct/conn.-gen.-stat.-12-223b","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 12-223b","heading":"Intercompany rents and business receipts.","body":"(a) Intercompany rents shall not be included in the computation of the value of property rented as a property factor in the apportionment fraction if the lessor and lessee are included in a combined return as provided in section 12-223a.\n(b) Intercompany business receipts, receipts by a corporation included in a combined return under section 12-223a, from any other corporation included in such return, shall not be included in the computation of the receipts factor of the apportionment fraction.","path":["TITLE 12. TAXATION","CHAPTER 208*. CORPORATION BUSINESS TAX","PART I. IMPOSITION AND PAYMENT OF TAX"],"source_url":"https://www.cga.ct.gov/current/pub/chap_208.htm#sec_12-223b","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:06:59Z","sha256":"4f0afa1a271bd2ebb83c4db76a6bec0068773d2feb1e6f7cfb6048b266eac9be","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-12-223a","next":"us-ct/conn.-gen.-stat.-12-223c"},"notice":"GroundRules: Original legal text. Not legal advice."}