Form REG-14 "Application for Commercial Fisherman Tax Exemption Permit" - Connecticut

What Is Form REG-14?

This is a legal form that was released by the Connecticut Department of Revenue Services - a government authority operating within Connecticut. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on April 1, 2017;
  • The latest edition provided by the Connecticut Department of Revenue Services;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a printable version of Form REG-14 by clicking the link below or browse more documents and templates provided by the Connecticut Department of Revenue Services.

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Download Form REG-14 "Application for Commercial Fisherman Tax Exemption Permit" - Connecticut

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Form REG-14
Department of Revenue Services
For DRS Use Only
State of Connecticut
Application for Commercial Fisherman
450 Columbus Blvd Ste 1
Connecticut Tax Registration Number
Hartford CT 06103-1837
Tax Exemption Permit
(Rev. 04/17)
Conn. Gen. Stat. §12-412 (40)
DRS Entry Number
Commercial Fisherman Tax Exemption Permit valid from _______________ until ______________
Complete the application in blue or black ink only.
Social Security Number (Individual)
Please correct
name and
— — — — — — — — —
address if
Federal Employer ID Number (Other)
shown
incorrectly.
Check one:
Check one:

Individual
New

Partnership
Renewal
Name of vessel
Telephone number

Corporation
Start-up

LLC
Business

Home port
structure
LLP

changed
Fiduciary
DMV vessel registration number
U.S. Coast Guard documentation number
DEEP license number
Form REG-14, Application for Commercial Fisherman Tax
For the second year or, on average, for the two years after the tax
Exemption Permit, must be completed and fi led with the Department
exemption permit is issued, not less than 50% of the fi sherman’s
of Revenue Services (DRS) by June 1 so that DRS can make a
gross income as reported for federal income tax purposes will
determination and issue a permit by the effective date. Your 2017
be derived from commercial fi shing.
Fisherman Tax Exemption Permit is valid from July 1, 2017, until
If the start-up fi sherman does not meet all of these requirements,
June 30, 2019. If this application is submitted after June 1, the
the fi sherman is liable for the sales or use tax that would have been
permit is valid on the date indicated on the permit. The expiration
due without the exemption.
date for a permit issued to a start-up fi sherman is 24 months from
the date the permit is issued.
A start-up fi sherman is a person who:
Was not engaged in commercial fi shing as a trade or business
To qualify for a fi sherman tax exemption permit, an applicant
in the preceding taxable year; or
engaged in commercial fi shing as a trade or business must
For the immediately preceding taxable year or, on average, for
certify that:
the two immediately preceding taxable years, less than 50% of
At least 50% of last year’s gross income was derived from
the fi sherman’s gross income as reported for federal income tax
commercial fi shing; or
purposes was derived from commercial fi shing.
On average, for the two preceding taxable years, at least 50%
of your gross income was derived from commercial fi shing.
See Informational Publication 2009(14), Fisherman’s Guide to
Sales and Use Taxes and Estimated Income Tax. Visit the DRS
Enclose a copy of the applicant’s federal income tax return and
website at www.ct.gov/DRS to download and print Connecticut tax
all accompanying schedules for the prior year; or if you meet the
forms and publications.
50% gross income requirement by using the average of the prior
two years, enclose copies of the federal income tax returns and all
Return this application to Department of Revenue Services, State
accompanying schedules for the prior two years.
of Connecticut, Operations Division, 450 Columbus Blvd Ste 1,
Hartford CT 06103-1837.
To qualify for a fi sherman tax exemption permit, a start-up fi sherman
must satisfy the following requirements:
If you operate more than one vessel, attach a separate sheet listing
the name, home port, Department of Motor Vehicles (DMV) vessel
A tax exemption permit as a start-up fi sherman must not have
registration number, and Department of Energy and Environmental
been issued previously;
Protection (DEEP) license number for each vessel. If you are not
The fi sherman intends to carry on commercial fi shing as a trade
a Connecticut resident and are not required to have a DMV vessel
or business for at least two years after the exemption permit is
registration or a DEEP license number, leave these lines blank and
issued; and
enter your U.S. Coast Guard documentation number.
Declaration: I declare under penalty of law that I have examined this application (including any accompanying schedules and statements)
and, to the best of my knowledge and belief, it is true, complete, and correct. I understand the penalty for willfully delivering a false return
or document to DRS is a fi ne of not more than $5,000, imprisonment for not more than fi ve years, or both.
Signature of owner, partner, LLC member, or corporate offi cer
Title
Date
For DRS Use Only
Commissioner’s
Approved
authorized agent ______________________________________________________________
Disapproved
Title
__________________________________________ Date ______________
Form REG-14
Department of Revenue Services
For DRS Use Only
State of Connecticut
Application for Commercial Fisherman
450 Columbus Blvd Ste 1
Connecticut Tax Registration Number
Hartford CT 06103-1837
Tax Exemption Permit
(Rev. 04/17)
Conn. Gen. Stat. §12-412 (40)
DRS Entry Number
Commercial Fisherman Tax Exemption Permit valid from _______________ until ______________
Complete the application in blue or black ink only.
Social Security Number (Individual)
Please correct
name and
— — — — — — — — —
address if
Federal Employer ID Number (Other)
shown
incorrectly.
Check one:
Check one:

Individual
New

Partnership
Renewal
Name of vessel
Telephone number

Corporation
Start-up

LLC
Business

Home port
structure
LLP

changed
Fiduciary
DMV vessel registration number
U.S. Coast Guard documentation number
DEEP license number
Form REG-14, Application for Commercial Fisherman Tax
For the second year or, on average, for the two years after the tax
Exemption Permit, must be completed and fi led with the Department
exemption permit is issued, not less than 50% of the fi sherman’s
of Revenue Services (DRS) by June 1 so that DRS can make a
gross income as reported for federal income tax purposes will
determination and issue a permit by the effective date. Your 2017
be derived from commercial fi shing.
Fisherman Tax Exemption Permit is valid from July 1, 2017, until
If the start-up fi sherman does not meet all of these requirements,
June 30, 2019. If this application is submitted after June 1, the
the fi sherman is liable for the sales or use tax that would have been
permit is valid on the date indicated on the permit. The expiration
due without the exemption.
date for a permit issued to a start-up fi sherman is 24 months from
the date the permit is issued.
A start-up fi sherman is a person who:
Was not engaged in commercial fi shing as a trade or business
To qualify for a fi sherman tax exemption permit, an applicant
in the preceding taxable year; or
engaged in commercial fi shing as a trade or business must
For the immediately preceding taxable year or, on average, for
certify that:
the two immediately preceding taxable years, less than 50% of
At least 50% of last year’s gross income was derived from
the fi sherman’s gross income as reported for federal income tax
commercial fi shing; or
purposes was derived from commercial fi shing.
On average, for the two preceding taxable years, at least 50%
of your gross income was derived from commercial fi shing.
See Informational Publication 2009(14), Fisherman’s Guide to
Sales and Use Taxes and Estimated Income Tax. Visit the DRS
Enclose a copy of the applicant’s federal income tax return and
website at www.ct.gov/DRS to download and print Connecticut tax
all accompanying schedules for the prior year; or if you meet the
forms and publications.
50% gross income requirement by using the average of the prior
two years, enclose copies of the federal income tax returns and all
Return this application to Department of Revenue Services, State
accompanying schedules for the prior two years.
of Connecticut, Operations Division, 450 Columbus Blvd Ste 1,
Hartford CT 06103-1837.
To qualify for a fi sherman tax exemption permit, a start-up fi sherman
must satisfy the following requirements:
If you operate more than one vessel, attach a separate sheet listing
the name, home port, Department of Motor Vehicles (DMV) vessel
A tax exemption permit as a start-up fi sherman must not have
registration number, and Department of Energy and Environmental
been issued previously;
Protection (DEEP) license number for each vessel. If you are not
The fi sherman intends to carry on commercial fi shing as a trade
a Connecticut resident and are not required to have a DMV vessel
or business for at least two years after the exemption permit is
registration or a DEEP license number, leave these lines blank and
issued; and
enter your U.S. Coast Guard documentation number.
Declaration: I declare under penalty of law that I have examined this application (including any accompanying schedules and statements)
and, to the best of my knowledge and belief, it is true, complete, and correct. I understand the penalty for willfully delivering a false return
or document to DRS is a fi ne of not more than $5,000, imprisonment for not more than fi ve years, or both.
Signature of owner, partner, LLC member, or corporate offi cer
Title
Date
For DRS Use Only
Commissioner’s
Approved
authorized agent ______________________________________________________________
Disapproved
Title
__________________________________________ Date ______________