Found 1 blog entry tagged as Town Real Estate Tax.

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Public Act 11-6

I am writing in an attempt to clear up any confusion about the current conveyance taxes in the state of CT.  There has been some confusion since the laws changed.

When you sell property in the state of CT you are taxed on both the Municipal and the State Level.

On the Municipal level you will be taxed at a base rate of .25% of the sales price plus up to an additional .25% in 18 “Targeted Investment” municipalities.  Towns that are eligible for the additional .25% are Bloomfield, Bridgeport, Bristol, East Hartford, Groton, Hamden, Hartford, Meriden, Middletown, New Britain, New Haven, New London, Norwalk, Norwich, Southington, Stamford, Waterbury, and Windham.  Unfortunately all of these towns have elected to embrace the .25%…

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