Corporate tax
Connecticut's corporation business tax is 7.5% of apportioned Connecticut net income. Companies with $100 million or more of total income on federal Form 1120 also pay a 10% surtax on the tax for income years 2026 through 2028.
Connecticut
Business valuation in Connecticut
Saltaire Partners works with owners of businesses in Connecticut worth roughly $3–100M, from the New York metropolitan area. This page links to a local guide for each Connecticut metro area covered so far, and sets out the state rules that change what a sale looks like here: corporate tax, personal income tax, clearances, transfer taxes. Every figure and rule links to its source.
Fixed fees. No exclusives. No success fees.
Metro areas
The Connecticut metro area covered so far
State rules
What Connecticut adds to a sale
These statements come from the state's own agencies. Each one links to the page it was taken from.
Personal income tax
Connecticut's pass-through entity tax is optional for partnerships, LLCs taxed as partnerships, and S corporations. An entity that pays it must elect each year, and the election is irrevocable.
Clearances
The purchaser of a Connecticut business or its stock of goods is liable for the seller's unpaid sales and use, admissions and dues, cigarette, room occupancy, tobacco products and income tax withholding taxes, up to the purchase price, unless enough of the price is withheld. The purchaser can request a tax clearance certificate on Form AU-866, and DRS has 60 days to issue a certificate or an escrow letter; buying a controlling interest in the entity does not trigger this liability.
Transfer taxes
Connecticut's controlling interest transfer tax is 1.11% of the value of the real property interest held by an entity when a controlling interest in it is sold or transferred, where the entity holds Connecticut real property worth $2,000 or more. The person selling or transferring the controlling interest pays it.
This is general information, not tax or legal advice. Your attorney and CPA should confirm how it applies to your sale.
Where to start
What's it worth?
Most owners start there. It's one module. You can buy it and stop. The rest of each menu is priced the same way.
Start here
Range of value opinion
What it's worth, and why. Delivered in a week.
- What you get
- A written range of value for the business, with the reasoning behind it: the earnings it rests on, the adjustments made, and what would move the number up or down.
- When it fits
- You want to know whether selling makes sense now. Or there's an offer on your desk and nothing to compare it to.
The first step
Not sure what you need?
That's what the call is for.
Saltaire Partners works with owners across Connecticut from the New York metropolitan area. Calls are by video or phone.
On the call
30 min · free
Thirty minutes
By video or phone, at a time you pick.
We work out what you need
Which module fits, if any. Sometimes the answer is none yet.
You leave with a number
If a module fits, you'll know its fixed fee before you decide anything.