Colorado Revised Statutes Title 39 — Taxation

C.R.S. § 39-22-652

Definitions

Official textolls.infolast amended 200910 subsections

For purposes of this subpart 2, unless the context otherwise requires:

# (1)

Colorado combined group means a group of affiliated C corporations required or allowed to file a combined report pursuant to section 39-22-303.

# (2)

Department means the department of revenue.

# (3)

Income tax means a tax imposed under this article.

# (4)

Income tax return means a return filed under section 39-22-601.

# (5)

Listed transaction means a transaction that is:

# (a)

The same as, or substantially similar to, a transaction or arrangement specifically identified as a listed transaction by the United States secretary of the treasury in written materials interpreting the requirements of section 6011 of the internal revenue code;

# (b)

A transaction between a captive real estate investment trust as defined in section 39-22-503 (2) and its more than fifty percent beneficial owner as described in section 39-22-503 (2)(a); or (c) A transaction between a captive regulated investment company as defined in section 39-22-501 (2) and its more than fifty percent beneficial owner as described in section 39-22-501 (2)(a).

# (6)

Material advisor shall have the same meaning as set forth in section 6111 of the internal revenue code.

# (7)

Reportable transaction means any transaction or arrangement that is the same as any transaction or arrangement described in 26 CFR 1.6011-4 (b)(2) to (b)(6) but shall not include any transactions specifically excluded by the internal revenue service. Source: L. 2009: Entire section added, (HB 09-1093), ch. 75, p. 271, § 4, effective April 2.

Amendment history

L. 2009: Entire section added, (HB 09-1093), ch. 75, p. 271, § 4, effective April 2.

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