The Colorado Department of Revenue, Division of Taxation, is hosting a workgroup meeting to discuss the promulgation of new and revised income tax rules regarding advance payments of the electric bicycle tax credit and the innovative motor vehicles and trucks tax credits. The Department has prepared the draft rules below to aid in the process of soliciting public comments.
The Colorado Department of Revenue, Division of Taxation, will hold a public rulemaking hearing on the income tax rule listed below on January 30, 2025, at 10:30 a.m.
The Colorado Department of Revenue, Division of Taxation, is hosting a workgroup meeting at 10:00 a.m. December 12, 2024, to discuss the promulgation of a new rule to implement the partnership adjustment reporting requirements established by House Bill 23-1277. Among other things, the bill enacted section 39-22-601.5, C.R.S., based on the model statute developed by the Multistate Tax Commission for reporting adjustments to federal taxable income and federal partnership audit adjustments.
The Colorado Department of Revenue, Division of Taxation, is hosting a workgroup meeting to discuss the promulgation of a new income tax rule regarding the alternative transportation options income tax credit enacted in House Bill 22-1026. The Department has prepared the draft rule below to aid in the process of soliciting public comments.
The Colorado Department of Revenue, Division of Taxation, transmitted the final report on the child care contribution tax credit study required by HB23-1091 to the General Assembly. A copy of the final report may be downloaded by clicking on the link below.
The Colorado Department of Revenue, Division of Taxation, is seeking public comment regarding the final report on the child care contribution tax credit study. As required by HB23-1091, the Department studied the credit and has developed recommendations around five goals set forth in the bill:
On May 30, 2024, the Colorado Department of Revenue, Division of Taxation, adopted two rules regarding electronic notices or other communications. The adoption was based on the public rulemaking hearing held on April 2, 2024.
On March 11, 2024, the Colorado Department of Revenue, Division of Taxation, adopted four income tax rules. The adoption was based on the public rulemaking hearing held on November 30, 2023.
The Colorado Department of Revenue, Division of Taxation, is hosting a workgroup meeting on March 27, 2024, at 10 a.m. to study the Colorado Child Care Contribution Credit (credit) pursuant to House Bill 23-1091. The Department is required to develop recommendations regarding:
On February 22, 2024, the Colorado Department of Revenue, Division of Taxation, adopted two income tax rules.