Connecticut: tax incentives, credits and advisors
Connecticut's state incentives include transferable film, digital media, infrastructure and theater credits, a 25% to 30% historic rehabilitation credit that can be sold up to three times, and an R&D credit small businesses can exchange for a 65% refund.
Facts checked 2026-10-26 against the official sources linked below.
Below are the major Connecticut incentives we could verify against an official source, grouped by type. This is not an exhaustive list of every state program. Credits flagged Transferable can be sold or assigned to another taxpayer under state rules; see transferable state tax credits. Each row shows the date we last checked it.
Connecticut film and media incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Digital media and motion picture tax credit | Credit | Film and digital media productions with Connecticut production and post-production spend | Up to 30% of qualified expenses | Transferable: Yes; up to three times (entities not subject to corporation or insurance tax may generally assign no more than 25% a year) | Not stated | Active | CT DECD, Tax Credits; CT OLR, Guide to Connecticut's Business Tax Credits (2025-R-0015) Last verified 2026-10-26 |
| Film production infrastructure credit | Credit | Projects building film production facilities in Connecticut | Not stated in the OLR transfer table | Transferable: Yes; up to three times | Not stated | Active | CT DECD, Tax Credits; CT OLR, Guide to Connecticut's Business Tax Credits (2025-R-0015) Last verified 2026-10-26 |
| Theater production credit | Credit | Qualified theater productions | Not stated in the OLR transfer table | Transferable: Yes; unlimited transfers | Not stated | Active | CT OLR, Guide to Connecticut's Business Tax Credits (2025-R-0015) Last verified 2026-10-26 |
Connecticut historic and building rehabilitation incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Historic rehabilitation tax credit | Credit | Owners rehabilitating certified historic structures for residential (5+ units), mixed or nonresidential use | 25% of qualified rehabilitation expenditures; 30% with affordable housing or in an Opportunity Zone; 5-year carryforward | Transferable: Yes; may be sold or assigned up to three times | No | Active | CT DRS, Form CT-1120HR (2025); CT DECD, OZ Connecticut State Enhancements Last verified 2026-10-26 |
Connecticut brownfield and redevelopment incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Urban and industrial sites reinvestment credit | Credit | Approved investments in eligible urban or industrial site projects | Not stated in the OLR transfer table | Transferable: Yes; owner may transfer once, the assignee may not transfer again | Not stated | Active | CT OLR, Guide to Connecticut's Business Tax Credits (2025-R-0015) Last verified 2026-10-26 |
Connecticut research and development incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Research and development credit | Credit | Companies with Connecticut research and development expenses | Not stated in the OLR transfer table | No | Limited: small businesses can exchange unused credits for a refund of 65% of value (CGS §12-217ee) | Active | CT OLR, Guide to Connecticut's Business Tax Credits (2025-R-0015) Last verified 2026-10-26 |
Advisors located in Connecticut
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Common questions
Can Connecticut film tax credits be sold?
Yes. The legislature's research office lists the digital media and motion picture credit as transferable up to three times.
What is the Connecticut historic rehabilitation credit?
It is 25% of qualified rehabilitation expenditures, or 30% with affordable housing or in an Opportunity Zone, and can be sold or assigned up to three times.
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