COLORADO DEPARTMENT OF REVENUE
STATEMENT OF BASIS AND PURPOSE

Re: Regulation 39-21-108 (1 CCR 201-1) – Amendment to Procedures and Administration Regulation on Refunds

Basis:

The statutory basis for this regulation is §39-21-112 and §39-21-108

Purpose:

Under section (b) (I) entitled “Other Taxes” of the above regulation, the proposed amended word change states “Unless otherwise specified in state statute”, claims for refunds for taxes other covered by Article 21 shall not be filed later than three years after the date of payment or the due date of the return whichever is later.  

This does not pertain to state income and wage withholding tax.