Connecticut HB05110 amends sales and use tax rates for peer-to-peer car sharing.
Connecticut HB05110 amends the sales and use tax rates for vehicles shared through peer-to-peer car sharing platforms. It specifies that these vehicles are subject to the 9.35% sales and use tax rate applicable to the rental or leasing of passenger motor vehicles. The revenue generated from this tax will be deposited into the Special Transportation Fund.
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