CONNECTICUT TAX CREDITS FOR AI are among the plans to help business startups that Gov. Ned Lamont (D) will announce next month. The proposal is part of broader efforts to encourage artificial intelligence adoption among businesses in the state.
- A tax cut encourages businesses and workers to lean into the technology across economic sectors, Lamont said, declining to provide specifics ahead of his Feb. 5 budget address.
- Lamont wants startups freed from tax liability on capital investment they make if they don’t have any revenues. He also didn’t rule out supporting pending state legislation (S.B. 2) that would place some ...