Connecticut Administrative Code
Title 12 - Taxation
217s - The Traffic Reduction Tax Credit Program
Section 12-217s-9 - Certification of eligible credit

The department will issue to each qualified corporation that has claimed a credit, written notification designating the amount that may be claimed on the corporation's corporate business tax return. For income years commencing prior to January 1, 1998, the department will instruct the corporation regarding which income year the corporation shall take the credit against its tax. For income years commencing on or after January 1, 1998, the corporation shall take the credit against its tax for the income year in which it incurred the expenditures.