US Lawyer Database

§ 39-30-106. Sales and Use Tax – Machinery and Equipment Exempted

On or after July 1, 1995, purchases of machinery or machine tools, or parts thereof, and materials for the construction or repair of machinery or machine tools, in excess of five hundred dollars to be used solely and exclusively in an enterprise zone in manufacturing tangible personal property, for sale or profit, whether or not […]

§ 39-29-111. Withholding of Income From Oil and Gas Interest – Definition

Every producer or purchaser who disburses funds that are owed to any person owning a working interest, a royalty interest, a production payment, or any other interest in any oil or gas produced in Colorado shall, unless such production is exempt under section 39-29-105 (1) and the producer or purchaser has registered such exempt production […]

§ 39-29-112. Procedures and Reports

Except as set forth in subsections (6) and (7) of this section, every person subject to taxation under the provisions of this article shall make an annual return to the department of revenue, separate and apart from other returns required to be made under the provisions of articles 20 to 28 of this title, upon […]

§ 39-29-113. Exemption Prohibited – When

If any person likely to be liable for taxes imposed pursuant to the provisions of this article transfers all or part of his property to another person controlled, directly or indirectly, by the transferor before or after the transfer, the executive director may disallow to the transferee any exemption from tax otherwise authorized pursuant to […]

§ 39-30-107.6. Parallel Credits and Refunds – Insurance Premium Taxes

Any taxpayer who is subject to the tax on insurance premiums established by sections 10-3-209, 10-5-111, and 10-6-128, C.R.S., and who is therefore exempt from the payment of income tax and who is otherwise eligible to claim a credit or refund pursuant to this article may claim such credit or refund against such insurance premium […]

§ 39-29-114. Component Members of a Controlled Group Treated as One Taxpayer

For the purposes of this article, persons who are members of the same controlled group of corporations shall be treated as one taxpayer. If fifty percent or more of the beneficial interest in two or more corporations, trusts, or estates is owned by the same or related persons (taking into account only persons who own […]

§ 39-29-102. Definitions

[ Editor’s note: This version of the introductory portion to this section is effective until January 1, 2022. ] As used in this article, unless the context otherwise requires: [ Editor’s note: This version of the introductory portion to this section is effective January 1, 2022. ] As used in this article 29, unless the […]