Instructions for Form AU-330 Connecticut Controlling Interest Transfer Tax Return - Connecticut

Form AU-330 Connecticut Controlling Interest Transfer Tax Return - Connecticut

This document contains official instructions for Form AU-330 , Connecticut Controlling Interest Transfer Tax Return - a form released and collected by the Connecticut Department of Revenue Services. An up-to-date fillable Form AU-330 is available for download through this link.

FAQ

Q: What is Form AU-330?
A: Form AU-330 is the Connecticut Controlling Interest Transfer Tax Return.

Q: Who needs to file Form AU-330?
A: Anyone who is involved in a controlling interest transfer in Connecticut needs to file Form AU-330.

Q: What is a controlling interest transfer?
A: A controlling interest transfer is the transfer of a controlling interest in a real property owning entity.

Q: What is the purpose of Form AU-330?
A: The purpose of Form AU-330 is to calculate and report the Connecticut Controlling Interest Transfer Tax.

Q: When is Form AU-330 due?
A: Form AU-330 is due within 30 days after the date of the controlling interest transfer.

Q: Are there any exemptions to the Controlling Interest Transfer Tax?
A: Yes, there are certain exemptions listed on Form AU-330, such as transfers between spouses or transfers to certain family members.

Q: How is the Controlling Interest Transfer Tax calculated?
A: The tax is calculated based on the consideration paid for the controlling interest transfer.