The Colorado Department of Revenue, Division of Taxation, convened a workgroup meeting on December 7, 2021, to discuss drafts of income tax rules regarding Colorado net operating losses.
After that discussion, the Division has made additional revisions to the draft rule regarding net operating losses for corporations and is seeking input from stakeholders regarding the revised draft. The revisions include the following:
The Colorado Department of Revenue, Division of Taxation, will hold a public rulemaking hearing on the following rules listed below at 10:00 AM on November 3, 2022. This hearing will be conducted entirely by telephone and video conference, and will be recorded. The Department has created a Virtual Rulemaking Hearing Guide that provides additional guidance for participants.
On June 29, 2022, the Colorado Department of Revenue, Division of Taxation, adopted a temporary emergency rule to comply with a state or federal law and the need to set forth the manner in which the prearranged ride fees established in Senate Bill 21-260, which take effect on July 1, 2022, are collected, administered, and enforced.
The Colorado Department of Revenue, Division of Taxation, will hold a public rulemaking hearing on the following sales tax rule at 10:00 A.M. on Thursday, June 2, 2022. This hearing will be conducted entirely by telephone and video conference, and will be recorded. The Department has created a Virtual Rulemaking Hearing Guide that provides additional guidance for participants.
The Colorado Department of Revenue, Division of Taxation, is convening a stakeholder workgroup to discuss the promulgation of the following new and revised income tax rules. The stakeholder workgroup will take place on May 18, 2022 at 10:00 AM at 1881 Pierce Street, Room 110, Lakewood, CO 80214. The Department will also provide the option to participate via video conference for those who wish to participate remotely.
On February 3, 2022, the Colorado Department of Revenue, Division of Taxation, adopted twelve miscellaneous rules