C.R.S. § 39-22-345 — Owner exclusion

The basis in the hands of an electing pass-through entity owner in the interest in the partnership or the stock or indebtedness in the S corporation is determined as if the election under section 39-22-343 had not been made. Source: L. 2021: Entire subpart added, (HB 21-1327), ch. 300, p. 1803, § 1, effective June 23. L. 2022: Entire section amended, (SB 22-124), ch. 164, p. 1020, § 4, effective May 16.