| Notice Filed with SOS |
06/14/2023 |
| Rule |
ProposedRuleAttach2023-00316.doc |
| Additional Information |
AddInfoAttach2023-00316.docx |
| Statutory Authority |
The statutory bases for this rule are sections 2-4-202, 39-21-112, 39-22-103(5.3), 39-22-104, and 39-22-304, C.R.S. |
| Description of Subjects/Issues |
The purpose of this amendment is to repeal the rule because in Anschutz v. Department of Revenue, 2022 COA 132, 524 P.3d 1203 (Colo. App. 2022), the court determined that the rule was incorrect and that retroactive changes in federal law can affect a taxpayer’s Colorado taxable income. In light of this ruling, the Department is repealing the rule. |
| Purpose/Objective of Rule |
The purpose of this amendment is to repeal the rule because in Anschutz v. Department of Revenue, 2022 COA 132, 524 P.3d 1203 (Colo. App. 2022), the court determined that the rule was incorrect and that retroactive changes in federal law can affect a taxpayer’s Colorado taxable income. In light of this ruling, the Department is repealing the rule. |
| Basis And Purpose |
BasisAndPurposeAttachment2023-00316.docx
|
| Submitted in response to issues raised by COLS/OLLS? |
No
|
| Is this rule adopted in response to recent legislation? |
No
|
| Hearing Date |
07/18/2023 |
| Hearing Time |
10:00 AM |
| Hearing Location |
18 |
| Contact Name |
Josh Pens |
| Contact Title |
Director |
| Contact Telephone |
3038665627 |
| Contact email |
dor_taxrules@state.co.us |