Colorado § 39-22-652 - Definitions.
Full text of Colorado Colorado Revised Statutes § 39-22-652 — Definitions., with citation guidance and answers to common questions.
§ 39-22-652. Definitions.
For purposes of this subpart 2, unless the context otherwise requires:
(1) "Colorado combined group" means a group of affiliated C corporations required or allowed to file a combined report pursuant to section 39-22-303.
(2) "Department" means the department of revenue.
(3) "Income tax" means a tax imposed under this article.
(4) "Income tax return" means a return filed under section 39-22-601.
(5) "Listed transaction" means a transaction that is:
(a) The same as, or substantially similar to, a transaction or arrangement specifically identified as a listed transaction by the United States secretary of the treasury in written materials interpreting the requirements of section 6011 of the internal revenue code;
(b) A transaction between a captive real estate investment trust as defined in section 39-22-503 (2) and its more than fifty percent beneficial owner as described in section 39-22-503 (2)(a); or
(c) A transaction between a captive regulated investment company as defined in section 39-22-501 (2) and its more than fifty percent beneficial owner as described in section 39-22-501 (2)(a).
(6) "Material advisor" shall have the same meaning as set forth in section 6111 of the internal revenue code.
(7) "Reportable transaction" means any transaction or arrangement that is the same as any transaction or arrangement described in 26 CFR 1.6011-4 (b)(2) to (b)(6) but shall not include any transactions specifically excluded by the internal revenue service.
Source: L. 2009: Entire section added, (HB 09-1093), ch. 75, p. 271, § 4, effective April 2.
Frequently Asked Questions About Colorado § 39-22-652
What does Colorado Revised Statutes § 39-22-652 cover?
Section 39-22-652 ("Definitions.") 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 § 39-22-652?
A common citation format is "Colorado Revised Statutes § 39-22-652" (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 § 39-22-652 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.