Title 39, Taxation
0 chapters · 682 sections in this title.
Colo. Rev. Stat. § 39-22-600.3 Definitions
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As used in this part 6, unless the context otherwise requires: (1) Frivolous return means a return filed by any person that purports to be a return of the tax imposed by this article 22 but that: (a) Does not contain information on which the substantial correctness of the return …
Colo. Rev. Stat. § 39-22-601 Returns - repeal
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(1) (a) (I) Whenever a resident individual or a nonresident individual with income from Colorado sources is required to file a federal income tax return under the provisions of section 6012 of the internal revenue code or whenever a resident individual or a nonresident individual…
Colo. Rev. Stat. § 39-22-601.5 Reporting federal adjustments - definitions
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(1) As used in this section, unless the context otherwise requires: (a) Administrative adjustment request means an administrative adjustment request filed by a partnership under section 6227 of the internal revenue code. (b) Audited partnership means a partnership subject to a pa…
Colo. Rev. Stat. § 39-22-602 Failure to make return - director may make
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(1) If any person fails or refuses to make any return required by this article, the executive director may make such return for such person from such information as may be available, and any assessment based on such return made by the executive director shall be as good and suffi…
Colo. Rev. Stat. § 39-22-603 Returns not made under oath
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Wherever in this article it is required that a return be made under oath, the signing of the return by the person therein required to make oath shall be sufficient compliance with the provisions of said sections if such return contains or is verified by a written declaration that…
Colo. Rev. Stat. § 39-22-603.5 Frivolous returns
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(1) Repealed. (2) (a) If any person files a frivolous return, the executive director may calculate the person's Colorado taxable income and make an assessment based on such information as is available at the time the return is filed. (b) If the tax calculated by the executive dir…
Colo. Rev. Stat. § 39-22-605 Failure by individual to pay estimated income tax
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(1) Every individual subject to taxation under the provisions of this article shall make and file estimated payments in the amounts and as otherwise specified in this section. (2) As used in this section, unless the context otherwise requires: (a) An individual is a farmer or fis…
Colo. Rev. Stat. § 39-22-606 Failure by corporation to pay estimated income tax
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(1) Every corporation subject to taxation under the provisions of this article and article 29 of this title shall make and file estimated payments in the amounts as specified in this section. (2) As used in this section, unless the context otherwise requires: (a) Return means a C…
Colo. Rev. Stat. § 39-22-607 Estimated tax deposited with treasurer
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All moneys remitted as payments of estimated tax shall be deposited daily with the state treasurer and shall be allocated in accordance with the provisions of section 39-22-623. Source: L. 64: R&RE, p. 794, � 1. C.R.S. 1963: � 138-1-71. 39-22-608. Form, place, and date of filing …
Colo. Rev. Stat. § 39-22-609 Payment of tax - applicable when
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(1) All taxes imposed under the provisions of this article shall be paid on the fifteenth day of the fourth month following the close of the taxable year; but the executive director may grant any taxpayer, upon application therefor, an extension of time for the payment of the tax…
Colo. Rev. Stat. § 39-22-611 Property exempt from ad valorem taxes
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Notwithstanding any other provisions of law, all intangible personal property, whether or not owned by a resident of Colorado, and whether or not such property or evidence thereof is situated or held or has its legal situs within the state, shall be exempt from ad valorem tax imp…
Colo. Rev. Stat. § 39-22-612 Certificate of nonresidence. (Repealed)
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Source: L. 64: R&RE, p. 795, � 1. C.R.S. 1963: � 138-1-76. L. 77: Entire section repealed, p. 1779, � 2, effective July 1.
Colo. Rev. Stat. § 39-22-613 Oath and affidavit. (Repealed)
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Source: L. 64: R&RE, p. 796, � 1. C.R.S. 1963: � 138-1-77. L. 77: Entire section repealed, p. 1779, � 2, effective July 1.
Colo. Rev. Stat. § 39-22-614 Contents of application. (Repealed)
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Source: L. 64: R&RE, p. 796, � 1. C.R.S. 1963: � 138-1-78. L. 77: Entire section repealed, p. 1779, � 2, effective July 1.
Colo. Rev. Stat. § 39-22-615 Duration and renewal of certificate. (Repealed)
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Source: L. 64: R&RE, p. 796, � 1. C.R.S. 1963: � 138-1-79. L. 77: Entire section repealed, p. 1779, � 2, effective July 1.
Colo. Rev. Stat. § 39-22-616 Fees. (Repealed)
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Source: L. 64: R&RE, p. 797, � 1. C.R.S. 1963: � 138-1-80. L. 77: Entire section repealed, p. 1779, � 2, effective July 1.
Colo. Rev. Stat. § 39-22-617 Exemption of holder of certificate. (Repealed)
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Source: L. 64: R&RE, p. 797, � 1. C.R.S. 1963: � 138-1-81. L. 77: Entire section repealed, p. 1779, � 2, effective July 1.
Colo. Rev. Stat. § 39-22-618 False statements deemed perjury. (Repealed)
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Source: L. 64: R&RE, p. 797, � 1. C.R.S. 1963: � 138-1-82. L. 77: Entire section repealed, p. 1779, � 2, effective July 1.
Colo. Rev. Stat. § 39-22-619 Certificate improperly procured. (Repealed)
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Source: L. 64: R&RE, p. 797, � 1. C.R.S. 1963: � 138-1-83. L. 77: Entire section repealed, p. 1779, � 2, effective July 1.
Colo. Rev. Stat. § 39-22-620 Review of action of executive director. (Repealed)
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Source: L. 64: R&RE, p. 798, � 1. C.R.S. 1963: � 138-1-84. L. 77: Entire section repealed, p. 1779, � 2, effective July 1.
Colo. Rev. Stat. § 39-22-621 Interest and penalties
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(1) If any tax due under this article is not paid when due, by reason of extension granted, or otherwise, interest shall be added thereto at the rate imposed under section 39-21-110.5 from the due date thereof, in addition to any penalties which may be imposed by other provisions…
Colo. Rev. Stat. § 39-22-622 Refunds
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(1) A reserve, in an amount to be determined periodically by the controller, shall be set aside and maintained by the state treasurer from taxes collected under this article and held by the state treasurer for the prompt payment of all refunds. (2) (a) The department of revenue s…
Colo. Rev. Stat. § 39-22-623 Disposition of collections - definition
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(1) The proceeds of all money collected under this article 22, less the reserve retained for refunds, shall be credited as follows: (a) (I) Repealed. (II) (A) Effective July 1, 1987, an amount equal to twenty-seven percent of the gross state cigarette tax shall be apportioned to …
Colo. Rev. Stat. § 39-22-624 Prior rights and liabilities not affected
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Nothing in this article shall be construed to affect any right, duty, or liability arising under statutes in effect immediately prior to January 1, 1965, but the same shall be continued and concluded under such prior statutes. Nothing in this article shall revive or reinstate any…
Colo. Rev. Stat. § 39-22-625 Application of article - effective date
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This article shall apply only with respect to taxable years beginning after December 31, 1964, and became effective on January 1, 1965. Source: L. 64: R&RE, p. 810, � 1. C.R.S. 1963: � 138-1-97. 39-22-626. Applicability of amendments to this article to income tax years. For purpo…
Colo. Rev. Stat. § 39-22-629 Advance payments of income tax credits - definitions
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(1) As used in this section, unless the context otherwise requires: (a) Applicable credit means the credits allowed in sections 39-22-516.7, 39-22-516.8, and 39-22-555. (b) Department means the department of revenue. (c) Taxpayer means the person authorized to elect advanced paym…
Colo. Rev. Stat. § 39-22-651 Short title - citation
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This subpart 2 shall be comprised of sections 39-22-651 to 39-22-659 and may be cited as subpart 2. This subpart 2 shall be known and may be cited as the Colorado Reportable Transactions Act. Source: L. 2009: Entire section added, (HB 09-1093), ch. 75, p. 271, � 4, effective Apri…
Colo. Rev. Stat. § 39-22-652 Definitions
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For purposes of this subpart 2, unless the context otherwise requires: (1) Colorado combined group means a group of affiliated C corporations required or allowed to file a combined report pursuant to section 39-22-303. (2) Department means the department of revenue. (3) Income ta…
Colo. Rev. Stat. § 39-22-653 Taxpayer disclosure of reportable or listed transactions
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(1) A taxpayer shall be subject to the provisions of this section for each taxable year in which the taxpayer participates in a reportable or listed transaction. (2) A taxpayer subject to the provisions of this section shall disclose any reportable or listed transaction to the de…
Colo. Rev. Stat. § 39-22-654 Additional listed transactions - report
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(1) The department shall submit a report to the finance committees of the senate and house of representatives, or any successor committees, by January 31, 2010, and on or before every January 31 thereafter, its recommendation for the inclusion of any additional listed transaction…
Colo. Rev. Stat. § 39-22-657 Material advisor - maintenance of list
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(1) For each reportable or listed transaction, a material advisor shall maintain a list of the persons to which the material advisor provides material aid, assistance, or advice with respect to organizing, managing, promoting, selling, implementing, insuring, or carrying out a re…
Colo. Rev. Stat. § 39-22-658 Material advisor - penalties
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(1) The penalty for the failure of a material advisor to disclose a reportable or listed transaction as required by section 39-22-656 (1)(a) shall be up to twenty thousand dollars. (2) If a material advisor that is required to disclose a reportable or listed transaction in accord…
Colo. Rev. Stat. § 39-22-701 Legislative declaration
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(1) (a) The general assembly hereby declares that wildlife species that are endangered, threatened with extinction, or not commonly pursued, killed, or consumed either for sport or profit, referred to in this part 7 as nongame and endangered wildlife, have need of special protect…
Colo. Rev. Stat. § 39-22-702 Voluntary contribution designation - procedure
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For income tax years commencing on or after January 1, 2017, the executive director shall ensure that each Colorado state individual income tax return form contains a line whereby each individual taxpayer may designate the amount of the contribution, if any, the individual wishes…
Colo. Rev. Stat. § 39-22-704 Repeal of part
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This part 7 is repealed, effective January 1 of the income tax year following the year in which the executive director files written certification with the revisor of statues that the Colorado nongame conservation and wildlife restoration voluntary contribution will no longer app…
Colo. Rev. Stat. § 39-22-801 Voluntary contribution designation - procedure
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For income tax years commencing on or after January 1, 2010, the Colorado state individual income tax return form must contain a line whereby each individual taxpayer may designate the amount of the contribution, if any, the taxpayer wishes to make to the Colorado domestic abuse …
Colo. Rev. Stat. § 39-22-803 Repeal of part
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This part 8 is repealed, effective January 1 of the income tax year following the year in which the executive director files written certification with the revisor of statutes that the Colorado domestic abuse program fund voluntary contribution will no longer appear on the indivi…
Colo. Rev. Stat. § 39-24-101 Short title
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This article shall be known and may be cited as the Uniform Act on Interstate Compromise and Arbitration of Inheritance Taxes. Source: L. 53: p. 355, � 1. CRS 53: � 138-8-1. C.R.S. 1963: � 138-7-1.
Colo. Rev. Stat. § 39-24-102 Definitions
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As used in this article 24, unless the context otherwise requires: (1) Board means a board of arbitrators formed pursuant to section 39-24-105. (2) State means any state, territory, or possession of the United States and the District of Columbia. Source: L. 53: p. 355, � 2. CRS 5…
Colo. Rev. Stat. § 39-24-103 Interpretation
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This article shall be so interpreted and construed as to effectuate its general purpose to make uniform the law of those states which enact it. Source: L. 53: p. 355, � 3. CRS 53: � 138-8-3. C.R.S. 1963: � 138-7-3.
Colo. Rev. Stat. § 39-24-104 Compromise agreement - filing - penalty
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(1) When the executive director of the department of revenue claims that a decedent was domiciled in this state at the time of his death and the taxing authorities of another state make a like claim on behalf of their state, the said executive director may make a written agreemen…
Colo. Rev. Stat. § 39-24-105 Arbitration agreement - board of arbitrators
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When the executive director of the department of revenue claims that a decedent was domiciled in this state at the time of his death and the taxing authorities of another state make a like claim on behalf of their state, the said executive director may make a written agreement wi…
Colo. Rev. Stat. § 39-24-106 Hearings
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The board shall hold hearings at such times and places as it may determine upon reasonable notice to the parties to the agreement, all of whom shall be entitled to be heard, to present evidence, and to examine and cross-examine witnesses. Source: L. 53: p. 356, � 6. CRS 53: � 138…
Colo. Rev. Stat. § 39-24-107 Powers of board
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The board has power to administer oaths, take testimony, subpoena and require the attendance of witnesses and the production of books, papers, and documents, and issue commissions to take testimony. Subpoenas may be signed by any member of the board. In case of failure to obey a …
Colo. Rev. Stat. § 39-24-108 Determination of domicile
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The board, by majority vote, shall determine the domicile of the decedent at the time of his death. This determination shall be final for purposes of imposing and collecting inheritance taxes but for no other purpose. Source: L. 53: p. 357, � 8. CRS 53: � 138-8-8. C.R.S. 1963: � …
Colo. Rev. Stat. § 39-24-109 Majority vote
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Except as provided in section 39-24-107 in respect to the issuance of subpoenas, all questions arising in the course of the proceedings shall be determined by a majority vote of the board. Source: L. 53: p. 357, � 9. CRS 53: � 138-8-9. C.R.S. 1963: � 138-7-9.
Colo. Rev. Stat. § 39-24-110 Filing of determination
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The executive director of the department of revenue, the board, or the executor or administrator of such decedent shall file the determination of the board as to domicile, the record of the board's proceedings, and the agreement or a duplicate made pursuant to section 39-24-105, …
Colo. Rev. Stat. § 39-24-111 Penalties for nonpayment
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If it is determined by the board that the decedent died domiciled in this state, interest or penalties, if otherwise imposed by law for nonpayment of inheritance taxes between the date of the agreement and of filing of the determination of the board as to domicile, shall not exce…
Colo. Rev. Stat. § 39-24-112 Compromise by parties
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Nothing in this article shall prevent at any time a written compromise, if otherwise lawful, by all parties to the agreement made pursuant to section 39-24-104, fixing the amounts to be accepted by this and any other state involved in full satisfaction of inheritance taxes. Sourc…
Colo. Rev. Stat. § 39-24-113 Compensation and expenses
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The compensation and expenses of the members of the board and its employees may be agreed upon among such members and the executor or administrator and, if they cannot agree, shall be fixed by any court having jurisdiction over probate matters of the state determined by the board…