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Colorado Revised Statutes Title 39 — Taxation

C.R.S. § 39-22-345

Owner exclusion

Official textolls.infolast amended

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.

Amendment history

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.

Source: view the official text

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In this article (40 sections)
  1. 39-22-304 · Net income of corporation - legislative declaration -…
  2. 39-22-305 · Consolidated returns
  3. 39-22-306 · Accounting periods and methods
  4. 39-22-308 · Credit allowed for purchase of Colorado coal
  5. 39-22-310 · Legislative declaration - statutory interpretation and…
  6. 39-22-320 · Short title - citation
  7. 39-22-321 · Definitions
  8. 39-22-322 · Taxation of an S corporation and its shareholders
  9. 39-22-323 · Modification and characterization of income
  10. 39-22-324 · Basis and adjustments
  11. 39-22-325 · Carryforwards and carrybacks - loss limitation
  12. 39-22-326 · Part-year residence
  13. 39-22-327 · Distributions
  14. 39-22-329 · Tax credits
  15. 39-22-330 · Uniformity of application and construction
  16. 39-22-340 · Short title - citation
  17. 39-22-341 · Legislative declaration
  18. 39-22-342 · Definitions
  19. 39-22-343 · Election
  20. 39-22-344 · Imposition of tax
  21. 39-22-345 · Owner exclusion
  22. 39-22-346 · Credit for tax paid in other states
  23. 39-22-347 · Credit for electing pass-through entity owner - tax…
  24. 39-22-401 · Income of a resident estate or trust for purposes of…
  25. 39-22-402 · Share of a resident estate, trust, or beneficiary in…
  26. 39-22-403 · Income of a nonresident estate or trust subject to income…
  27. 39-22-404 · Share of a nonresident estate, trust, or beneficiary in…
  28. 39-22-407 · Accounting periods and methods
  29. 39-22-501 · Taxation of regulated investment companies
  30. 39-22-503 · Taxation of real estate investment trusts - definitions
  31. 39-22-504 · Net operating losses
  32. 39-22-504.5 · Short title
  33. 39-22-504.6 · Definitions
  34. 39-22-504.7 · Medical savings accounts - establishment - contributions…
  35. 39-22-507.5 · Credits against tax - investment in certain property -…
  36. 39-22-507.6 · Credits against corporate tax - investment in certain…
  37. 39-22-509 · Credit against tax - employer expenditures for alternative…
  38. 39-22-514 · Tax credit for qualified costs incurred in preservation of…
  39. 39-22-514.5 · Tax credit for qualified costs incurred in preservation…
  40. 39-22-516.7 · Tax credit for innovative motor vehicles - tax preference…
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