DOR Taxation web site

Individuals - Income

 

Number

Title and Description

 GIL-08-028 Nonresident directors subject to state income tax
  Nonresident corporate directors who attended two-day board of directors meeting in Colorado incurred state income tax liability for all income earned as corporate director and apportioned based on number of days performing duties in Colorado.
 PLR-12-008 Net Capital Gain From The Sale of Business Assets
  Taxpayer, a limited liability company, and its members cannot subtract from Colorado taxable income the net capital gain resulting from the sale of the Taxpayer’s goodwill because the sale did not qualify as a sale of an ownership interest.