Corporate Income Tax - Apportionment
| Number | Title and Description |
| GIL-09-010 | Corporation proportionately apportions service income based on cost of employee in Colorado |
| A corporation must apportion to Colorado its service income in proportion to the amount of cost of performance incurred in Colorado. | |
| PLR-09-002 | Apportionment of income for debit card company |
| Debit card company is a financial institution and must apportion income based on market approach. | |
| GIL-09-026 | Agent's responsibility for tax returns and remittance / income tax for industrial banks |
| Sales tax license and registration must be under taxpayer's name, not agent of taxpayer who invoices and collects tax from lessees. Sale of finance lease accelerates sales tax obligation. General discussion of income tax regarding industrial banks. | |
| PLR-12-002 | Affiliate Nexus |
| Company has nexus in Colorado because it is a component member of a combined group of corporations and another component member has a business presence in Colorado. In addition, Affiliated Company is an indirect representative of Company when it acts on behalf of Company to solicit and facilitate sales and sales-related activities because, among other reasons, it accepts returns of behalf of Company and participates in a loyalty points program with Affiliated Company. Therefore, Company must open a sales tax account and retailer's use tax account to report and collect local and special district sales taxes for sales shipped into local jurisdictions in which Affiliated Company's stores are located. | |
| PLR-13-001 |
Apportionment |
| Company may file under an alternative method of apportionment as described in the letter. |