Connecticut compliance for general contractors
- Sales tax: 6.35% state rate. Applies to services. Many services taxable (e.g., computer/data, repair, advertising). Combined uniform 6.35%.
- Late fees: Up to 1.5% per month under Conn. Gen. Stat. §37-3a. Statutory rate 10%/yr; contract rates allowed up to 12%/yr without special license.
- Written contract: Required over $200.
Avg invoice
$4,850
Net terms
30 days
Deposit
25%
State
CT