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TAXATION AND REVENUE SYSTEMS—CONNECTICUT. 
Domestic mutual life insurance companies are required to pay 
a similar franchise tax of one-fourth of 1 per cent on the total 
amount of their premium notes, and on the market value of all 
their other assets, deducting, however, the same amounts as in 
the case of fire insurance companies above mentioned, and if in 
part a stock company taxable on the stock, the market value of 
the assets belonging to the stock department. Taxes are payable 
by fire insurance companies by the 30th of January and by life 
insurance companies by the 25th of February, and are in lieu of all 
other taxes upon assets, except taxes upon real estate or on taxable 
stock. There is a forfeit of $5,000 for failure to return a statement 
of assets and of double the amount of the tax for nonpayment 
within the time limit. 
Foreign insurance companies.—Insurance companies of other 
states doing business in Connecticut are required to pay retaliatory 
fees and taxes, or the same as are imposed by such other states on 
Connecticut companies. 
Insurance companies organized under the laws of foreign govern 
ments and licensed to transact business in the state are required to 
pay a tax of 2 per cent of the gross amount of premiums received 
from such business. These taxes are payable by March 1. 
Shares of capital stock of every bank, state and national, and trust, 
insurance, investment, and bridge company is taxed 1 per cent on 
the market value of said shares on October 1 on the basis of state 
ments by the corporation. The tax is payable before the last day 
of February by the corporation to the state treasurer. The state 
remits to the towns in which the stockholders are resident the tax 
on resident stock, and the towns make the apportionments to taxing 
districts according to the holdings of their residents. Nonresident 
national bank stock taxes are remitted to the town in which the 
bank is located. Taxes on other nonresident stock are kept by the 
state. The amount of taxes paid by the corporation on its real 
estate in Connecticut is deducted. 
Choses in action, bonds, and notes may be exempted from fur 
ther taxation by the payment to the state treasurer of a tax of 2 per 
cent on the face value thereof for five years, or for a greater or less 
period at the same rate (4 mills per annum), and a certificate is 
given exempting such choses in action from all taxation in the state 
during that period. 
Corporations and brokers engaged in negotiating choses in action 
secured by mortgages on real estate situated in other states are re 
quired to pay a tax of 1 per cent on the aggregate amount of all such 
investments made in the state during the preceding year to Janu 
ary 1, deducting the amount of bonds exempted by payment of 
the 4-mill tax. Corporations pay this tax January 20; brokers, 
February 20. 
E. BUSINESS TAXES, LICENSES, AND FEES. 
The following taxes are levied annually unless other 
wise stated: 
Insurance brokers, $10; itinerant vendors, state fee, $100, local 
fee, $25; barbers, certificate of registration, $1; insane asylums, $50 
first year, $25 per year thereafter; oyster vessels, under 5 tons, $2, 
each ton over 5 tons, 50 cents; dental license, $25; osteopath, $25; 
medical registration, $2; pharmacist, $2; hunter’s license, resident, 
$1, nonresident, $10, alien, $15; to operate moving picture machine, 
$3; aliens and nonresidents to catch lobsters, $15. 
Motor vehicles.—For registration of every motorcycle, $2; for 
each commercial motor vehicle, $5 for first 1,000 pounds of carrying 
capacity, and $2 for each additional 1,000 pounds or fractional part 
over 400 pounds; for motor vehicle operated for hire, $10; dealers, 
$20; dealers in motorcycles, $10; all other motor vehicles, 50 cents 
for each horsepower; chauffeur’s license, $2; for the substitution 
of the registration of a motor vehicle previously registered, $2; ex 
cept in case of a liveryman the fee shall be $1 for each substitution; 
for the substitution of the registration of a motorcycle, 50 cents; for 
each motor vehicle engine tested on the highways, $1; the receipts 1 
are expended for the maintenance of the state highways under the 
direction of the highway commissioner. 
For registration of airships, $5; license to operate, $2; for examina 
tion and tests of applicants to operate, not to exceed $25. 
Charter fees from corporations.—Fifty cents on every $1,000 of 
authorized capital stock up to $5,000,000 and 10 cents on every 
$1,000 in excess of $5,000,000 for all corporations under general 
laws, but in no case less than $25. 
Corporations organized under special laws pay $100 for their char 
ter and a tax of $1 on each $1,000 of capital stock, but in no case 
less than $50. 
For copies of private bills there is a charge of $5 per legal page. 
The secretary of state collects: For filing copy of charter of foreign 
corporation, $10; for filing statement of foreign corporation, $5 cer 
tificate of organization of corporation without capital stock, $10; 
filing and recording documents, 2 pages, $1; each additional page, 
50 cents. 
Commissioners of pharmacy collect fees for registration of phar 
macist, $5; for assistant pharmacist, $3; registration of certificate 
from another state, $10; for annual renewal of license, $2. 
The insurance commissioner collects the following fees from in 
surance companies: Annual fee, $10; annual reports, $10; for valua 
tion of policies of domestic life insurance companies and secret and 
fraternal societies, 1 cent for each $1,000 of insurance valued, and 
1 cent for each $1,000 of revenue computed on annuities and pure 
endowments; for valuation of foreign life companies and secret and 
fraternal societies, same as states impose on like Connecticut com 
panies; filing additional papers, 25 cents; certificate of valuation, 
organization, or authority, $2; certified copy of license, $2; copy of 
report or certificate of condition to be filed in any other state, $10; 
filing copy of charter, $10; certificate of authority, $5; surety com 
panies of other states—for filing charter, $10; for statement prelim 
inary to admission, $10; for annual statement, $10; for license, $10; 
insurance companies of other countries—for filing copy of charter 
or deed of settlement, $30; statement preliminary to admission, $20; 
annual statement, $20; license to company, $50; agent’s certifi 
cate, $2. 
All fines, forfeitures, and penalties belong to the state, unless 
otherwise disposed of by law, except that fines imposed by a jus 
tice of the peace go to the town.- 
F. THE INCOME TAX. 
There is no income tax in Connecticut. 
County Revenues. 
A. GENERAL PROPERTY TAXES. 
1. Base— 
The property included and the assessment and 
equalization are the same for county as for the town 
taxes. 
2. Rate— 
The county tax is imposed upon the towns in pro 
portion to their assessment lists by the representatives 
chosen to the general assembly from all the towns in 
the county and the senators resident in the county 
at a meeting to be called by the county commis 
sioners. For repairs on a courthouse or jail, not to 
exceed $600, may be levied by the county commission 
ers and apportioned among the towns. 
3. Collection— 
Collection of the county tax, as of town taxes, is 
made by the town. If any town neglects to pay its 
county tax, the county treasurer may issue execution 
against the goods and estate of the inhabitants.