Colorado § 39-22-2105 - Parallel credits - insurance premium taxes.
Full text of Colorado Colorado Revised Statutes § 39-22-2105 — Parallel credits - insurance premium taxes., with citation guidance and answers to common questions.
§ 39-22-2105. Parallel credits - insurance premium taxes.
(1) Any taxpayer who is subject to the tax on insurance premiums established by sections 10-3-209, 10-5-111, and 10-6-128 and who is therefore exempt from the payment of income tax and who is otherwise eligible to claim a credit pursuant to this part 21 may claim such credit and carry such credit forward against such insurance premium tax on its calendar quarter estimated tax payments made in accordance with section 10-3-209 to the same extent as the taxpayer would have been able to claim or carry forward such credit or refund against income tax. All other provisions of this part 21 with respect to the credit, including the amount, allocation, and recapture of the credit and the years for which the credit may be claimed shall apply to a credit claimed pursuant to this section.
(2) For purposes of administering this section, any reference in this article to "income tax year" means calendar year.
Source: L. 2000: Entire part added, p. 879, § 1, effective August 2. L. 2020, 1st Ex. Sess.: (1) amended, (HB 20B-1006), ch. 5, p. 33, § 5, effective December 7.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 39-22-2105
What does Colorado Revised Statutes § 39-22-2105 cover?
Section 39-22-2105 ("Parallel credits - insurance premium taxes.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 39-22-2105?
A common citation format is "Colorado Revised Statutes § 39-22-2105" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 39-22-2105 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.