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Connecticut DRS Modifies R&D Tax Conformity, Delays IRC § 174A Adoption

The Connecticut Department of Revenue Services (DRS) announced the implementation of 2026 Public Act 68, modifying the state’s conformity to federal research and experimental expense provisions for corporation business tax …

The Connecticut Department of Revenue Services (DRS) announced the implementation of 2026 Public Act 68, modifying the state’s conformity to federal research and experimental expense provisions for corporation business tax purposes. For income years … [388 chars]

Source: Bloomberg Tax News | Published: 2026-07-07T19:17:14Z

Credit: Bloomberg Tax News

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