Home > Connecticut Tax Revenue - T41 - Corporation net income taxes - Q3 2011

Tax Type State Variables Year Quarter

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T41 - Corporation net income taxes - Connecticut (1994 - 2011) (Thousands of US$)
Year Quarter Value
1994 Q1 1994 $186,734
1994 Q2 1994 $212,679
1994 Q3 1994 $112,730
1994 Q4 1994 $73,622
1995 Q1 1995 $130,750
1995 Q2 1995 $234,742
1995 Q3 1995 $112,114
1995 Q4 1995 $117,104
1996 Q1 1996 $181,528
1996 Q2 1996 $255,925
1996 Q3 1996 $109,532
1996 Q4 1996 $48,430
1997 Q1 1997 $190,210
1997 Q2 1997 $184,679
1997 Q3 1997 $87,654
1997 Q4 1997 $50,065
1998 Q1 1998 $175,157
1998 Q2 1998 $222,222
1998 Q3 1998 $99,457
1998 Q4 1998 $24,292
1999 Q1 1999 $163,323
1999 Q2 1999 $195,199
1999 Q3 1999 $71,153
1999 Q4 1999 ($14,598)
2000 Q1 2000 $129,426
2000 Q2 2000 $221,409
2000 Q3 2000 $46,467
2000 Q4 2000 $36,974
2001 Q1 2001 $133,931
2001 Q2 2001 $170,440
2001 Q3 2001 $24,310
2001 Q4 2001 ($45,097)
2002 Q1 2002 $59,256
2002 Q2 2002 $110,985
2002 Q3 2002 $50,648
2002 Q4 2002 $61,416
2003 Q1 2003 $109,704
2003 Q2 2003 $122,916
2003 Q3 2003 $58,444
2003 Q4 2003 $88,990
2004 Q1 2004 $27,285
2004 Q2 2004 $162,802
2004 Q3 2004 $69,663
2004 Q4 2004 $189,408
2005 Q1 2005 $85,305
2005 Q2 2005 $230,608
2005 Q3 2005 $75,028
2005 Q4 2005 $187,503
2006 Q1 2006 $163,193
2006 Q2 2006 $209,266
2006 Q3 2006 $104,979
2006 Q4 2006 $175,854
2007 Q1 2007 $184,518
2007 Q2 2007 $243,838
2007 Q3 2007 $70,579
2007 Q4 2007 $104,125
2008 Q1 2008 $155,757
2008 Q2 2008 $267,002
2008 Q3 2008 $85,671
2008 Q4 2008 $28,586
2009 Q1 2009 $115,368
2009 Q2 2009 $206,793
2009 Q3 2009 $51,468
2009 Q4 2009 $100,342
2010 Q1 2010 $146,755
2010 Q2 2010 $209,187
2010 Q3 2010 $77,344
2010 Q4 2010 $75,253
2011 Q1 2011 $193,228
2011 Q2 2011 $326,991
2011 Q3 2011 $82,620

Code: T41 Corporation Net Income Taxes

Definition: Taxes on corporations and unincorporated businesses (when taxed separately from individual income), measured by net income, whether on corporations in general or on specific kinds of corporations, such as financial institutions.

Excludes: Income taxes on gross income or receipts of corporations (report at Sales and Gross Receipts Taxes, codes T09 - T19) and combined corporation and individual income taxes not separable by type in older, historical data (report at Individual Income Taxes, code T40).

Examples: State governments - Michigan's VAT tax (Single Business Tax) is classified here.

Special Consideration:  Although such taxes may be called "license" or "franchise taxes," they are classified here if measured by net income.

Category: Income Taxes

Category Description: Taxes levied on the gross income of individuals or on the net income of corporations and businesses (i.e., after allowable deductions).

Deduct refunds of taxes from gross collections even if they were recorded as tax revenue in a previous fiscal year.

Source: U.S. Census Bureau

Note: Not all states report all tax types. If the amount is zero for all time, then it is likely that the state does not report or collect the chosen tax type.