reglab/housing_qa huggingface dataset:
CO Code § 39-23.5-110 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 23.5 - Colorado Estate Tax|§ 39-23.5-110. Penalty

  If any person fails to pay any tax by the date due under the provisions of this article, there shall be collected as a penalty for such failure the greater of the sum of fifteen dollars or five percent of the amount of such tax if the failure is for not more than one month, with an additional five percent for each additional month or fraction thereof during which such failure continues, not exceeding twenty percent in the aggregate. The executive director may reduce or waive the penalty imposed by this subsection (1) for reasonable cause.    If any person fraudulently or willfully fails to file any return under the provision of this article, there shall be collected as a penalty for such failure the sum of seventy-five dollars or one hundred percent of the amount of the tax, if any, whichever is greater.    If any person files a fraudulent or willfully false return under the provisions of this article, there shall be collected as a penalty the sum of one hundred dollars or one hundred fifty percent of the amount of the tax, if any, whichever is greater.    If, after determination and assessment of any tax imposed by this article, any person fails to pay the same within the time specified by any notice and demand sent to him by the executive director, there shall be collected as a penalty for such failure a sum equal to fifteen percent of the amount of the tax demanded.    If any person fraudulently fails to pay any tax when due under the provisions of this article or willfully seeks to evade the payment thereof, there shall be collected as a penalty for such failure a sum equal to one hundred fifty percent of the amount of the tax.    In the case of failure to file the Colorado return on the date prescribed by section 39-23.5-107, determined with regard to any extension of time for filing, there shall be collected as a penalty for such failure an amount equal to five percent of the amount of the tax due under this article, with an additional five percent per month or portion thereof, during which such failure continues, not exceeding twenty percent in the aggregate. If a similar penalty for failure to file timely the federal return for estate taxes is waived, such waiver shall be deemed to constitute reasonable cause for purposes of this section. The executive director may reduce or waive the penalty imposed by this subsection (6) for reasonable cause.    All of the penalties provided in subsections (1) to (6) of this section shall be cumulative and shall be collected at the same time and in the same manner as the tax, with the exception that, if the penalties provided for in subsections (1) and (6) of this section both apply, then only the larger of the two penalties shall be assessed, or, if equal, only one penalty shall apply.     History. Source: L. 79: Entire article added, p. 1434, § 16, effective July 3. L. 85: Entire section R&RE, p. 1256, § 7, effective January 1, 1986. L. 87: (1), (6), and (7) amended, p. 1461, § 2, effective April 22.
CO Code § 39-23.5-111 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 23.5 - Colorado Estate Tax|§ 39-23.5-111. Amended Returns - Final Determination

  If the person required to file files an amended federal return, he shall immediately file with the department an amended Colorado return and a true copy of the amended federal return. If the person required to file is required to pay an additional tax under this article pursuant to such amended return, he shall pay such additional tax, together with interest as provided in section 39-23.5-109, at the same time he files the amended return, subject, however, to any extension or installment election under section 39-23.5-108.    Upon final determination or redetermination of the federal tax due in respect of any gross estate or generation-skipping transfer, the person required to file shall, within sixty days after such determination or redetermination, give written notice of it to the department, in such form as may be prescribed by regulation. If any additional tax is due under this article by reason of such determination or redetermination, the person required to file shall pay the same, together with interest as provided in section 39-23.5-109, at the same time he files such notice, subject, however, to any extension or installment election under section 39-23.5-108.     History. Source: L. 79: Entire article added, p. 1434, § 16, effective July 3. L. 83: Entire section amended, p. 1536, § 9, effective July 1.
CO Code § 39-23.5-112 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 23.5 - Colorado Estate Tax|§ 39-23.5-112. Refund for Overpayment

  Whenever the department determines that the tax due under this article has been overpaid, the department is authorized to refund the amount of the overpayment, together with interest at the rate prescribed by section 39-21-110.5 from the date of the overpayment or from nine months after the date of the decedent's death or the generation-skipping transfer, whichever is later, pursuant to a claim for refund for the same filed by the person required to file the return or the person who paid the tax. No claim for refund may be filed after the later of either:   The last day provided under the internal revenue code for filing a claim for refund for the corresponding federal tax, taking into account any extensions and suspensions of the period for making such a filing; or    The last date that an assessment could be made by the department with respect to such tax under section 39-23.5-115 (4).        History. Source: L. 79: Entire article added, p. 1435, § 16, effective July 3. L. 83: Entire section amended, p. 1536, § 10, effective July 1. L. 89: Entire section amended, p. 1497, § 3, effective June 7. L. 92: Entire section amended, p. 2252, § 9, effective July 1.
CO Code § 39-23.5-113 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 23.5 - Colorado Estate Tax|§ 39-23.5-113. Criminal Acts Relating to Returns

 Any person who willfully fails to file a Colorado return when required by this article, or who willfully files a false return, or who willfully fails to pay any tax required by this article shall be punished as provided by section 39-21-118 .   History. Source: L. 79: Entire article added, p. 1435, § 16, effective July 3. L. 80: Entire section R&RE, p. 523, § 3, effective July 1. L. 83: Entire section amended, p. 1536, § 11, effective July 1. L. 85: Entire section amended, p. 1256, § 8, effective January 1, 1986.
CO Code § 39-23.5-114 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 23.5 - Colorado Estate Tax|§ 39-23.5-114. Liability for Payment

  The tax imposed by this article shall be paid by the person required to file. No person required to file shall be liable for a sum greater than the value of the property actually received by him.    If the tax imposed by this article is not paid when due, the spouse, qualified heir, distributee, transferee, trustee (except the trustee of an employees' trust which meets the requirement of section 401   of the internal revenue code), surviving tenant, person in possession of the property by reason of the exercise, nonexercise, or release of a power of appointment, or beneficiary who receives, or has on the date of the decedent's death, property included in the gross estate or the generation-skipping transfer shall, to the extent of the value of such property for Colorado tax purposes, be personally liable for such tax. The personal liability imposed by this subsection (2) shall, with respect to estates of decedents dying or generation-skipping transfers occurring on or after July 1, 1980, not be valid as against any purchaser, mortgagee, pledgee, or transferee of, or a holder of a security interest in, such property if acquired by him for a full and adequate consideration in money or money's worth. A recorded instrument on which a state documentary fee is noted pursuant to section 39-13-103 shall be prima facie evidence that the transfer described in such instrument was for full and adequate consideration in money or money's worth.        History. Source: L. 79: Entire article added, p. 1435, § 16, effective July 3. L. 83: Entire section amended, p. 1536, § 12, effective July 1.
CO Code § 39-23.5-116 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 23.5 - Colorado Estate Tax|§ 39-23.5-116. Deposit of Moneys Collected - Legislative Finding

  In order to provide revenue for the old age pension fund created and established by article XXIV of the state constitution in an amount at least equal to that presently provided by the inheritance tax laws of this state, which laws shall not apply to estates of decedents dying on or after January 1, 1980, all moneys collected by the department under this article are hereby allocated to and shall be deposited in the old age pension fund created and established by article XXIV of the state constitution.    The general assembly finds that subsection (1) of this section repeals no law which provides revenue for the old age pension fund and amends no law so as to reduce the revenue provided for the old age pension fund, except as is allowed by article XXIV of the state constitution.     History. Source: L. 79: Entire article added, p. 1436, § 16, effective July 3.
CO Code § 39-23.5-117 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 23.5 - Colorado Estate Tax|§ 39-23.5-117. Estate Tax - Effective Date - Applicability

 This article shall take effect January 1, 1980, and shall apply to the estates of decedents dying on or after said date.   History. Source: L. 79: Entire article added, p. 1436, § 16, effective July 3. L. 2002: Entire section amended, p. 1359, § 3, effective July 1.
CO Code § 39-24-101 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 24 - Interstate Compromise, Arbitration - Inheritance Tax|§ 39-24-101. Short Title

 This article shall be known and may be cited as the “Uniform Act on Interstate Compromise and Arbitration of Inheritance Taxes”.   History. Source: L. 53: P. 355, § 1. CRS 53: § 138-8-1. C.R.S. 1963: § 138-7-1. History. Source: L. 53: P. 355, § 1. CRS 53: § 138-8-1. C.R.S. 1963: § 138-7-1.
CO Code § 39-24-102 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 24 - Interstate Compromise, Arbitration - Inheritance Tax|§ 39-24-102. Definitions

 As used in this article, unless the context otherwise requires:    “State” means any state, territory, or possession of the United States and the District of Columbia.     History. Source: L. 53: P. 355, § 2. CRS 53: § 138-8-2. C.R.S. 1963: § 138-7-2. History. Source: L. 53: P. 355, § 2. CRS 53: § 138-8-2. C.R.S. 1963: § 138-7-2.
CO Code § 39-24-103 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 24 - Interstate Compromise, Arbitration - Inheritance Tax|§ 39-24-103. Interpretation

 This article shall be so interpreted and construed as to effectuate its general purpose to make uniform the law of those states which enact it.   History. Source: L. 53: P. 355, § 3. CRS 53: § 138-8-3. C.R.S. 1963: § 138-7-3. History. Source: L. 53: P. 355, § 3. CRS 53: § 138-8-3. C.R.S. 1963: § 138-7-3.
CO Code § 39-24-104 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 24 - Interstate Compromise, Arbitration - Inheritance Tax|§ 39-24-104. Compromise Agreement - Filing - Penalty

  When the executive director of the department of revenue claims that a decedent was domiciled in this state at the time of his death and the taxing authorities of another state make a like claim on behalf of their state, the said executive director may make a written agreement of compromise with the other taxing authorities and the executor or administrator of such decedent that a certain sum shall be accepted in full satisfaction of all inheritance taxes imposed by this state, including any interest or penalties to the date of signing the agreement. The agreement shall also fix the amount to be accepted by the other states in full satisfaction of inheritance taxes. The executor or administrator of such decedent is authorized to make such agreement. Such agreement shall finally and conclusively fix and determine the amount of tax payable to this state without regard to any other provision of the laws of this state.    Unless the tax so agreed upon is paid within sixty days after the signing of such agreement, interest or penalties shall thereafter accrue upon the amount fixed in the agreement, but the time between the decedent's death and the signing of such agreement shall not be included in computing the interest or penalties. In the event the aggregate amount payable under such agreement to the states involved is less than the maximum credit allowable to the estate against the United States estate tax imposed with respect thereto, the personal representatives forthwith shall also pay to the department of revenue so much of the difference between such aggregate amount and the amount of such credit as the amount payable to the department under the agreement bears to such aggregate amount. A copy of any such agreement shall be filed in the court having jurisdiction of the administration of the estate and any existing appraisement shall be deemed modified according to said agreement.    In the event no appraisement has been made and filed prior to said agreement, the executive director of the department of revenue shall direct an appraisement to be made and filed in the court having jurisdiction of the administration of the estate in accordance with said agreement.     History. Source: L. 53: P. 355, § 4. CRS 53: § 138-8-4. C.R.S. 1963: § 138-7-4. L. 73: P. 1474, § 34. History. Source: L. 53: P. 355, § 4. CRS 53: § 138-8-4. C.R.S. 1963: § 138-7-4. L. 73: P. 1474, § 34.
CO Code § 39-24-105 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 24 - Interstate Compromise, Arbitration - Inheritance Tax|§ 39-24-105. Arbitration Agreement - Board of Arbitrators

 When the executive director of the department of revenue claims that a decedent was domiciled in this state at the time of his death and the taxing authorities of another state make a like claim on behalf of their state, the said executive director may make a written agreement with the other taxing authorities and with the executor or administrator of such decedent to submit the controversy to the decision of a board consisting of one or any uneven number of arbitrators, referred to in this article as the “board”. The executor or administrator of such decedent is authorized to make the agreement. The parties to the agreement shall select the arbitrator or arbitrators.   History. Source: L. 53: P. 356, § 5. CRS 53: § 138-8-5. C.R.S. 1963: § 138-7-5. L. 73: P. 1475, § 35. History. Source: L. 53: P. 356, § 5. CRS 53: § 138-8-5. C.R.S. 1963: § 138-7-5. L. 73: P. 1475, § 35.
CO Code § 39-24-106 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 24 - Interstate Compromise, Arbitration - Inheritance Tax|§ 39-24-106. Hearings

 The board shall hold hearings at such times and places as it may determine upon reasonable notice to the parties to the agreement, all of whom shall be entitled to be heard, to present evidence, and to examine and cross-examine witnesses.   History. Source: L. 53: P. 356, § 6. CRS 53: § 138-8-6. C.R.S. 1963: § 138-7-6. History. Source: L. 53: P. 356, § 6. CRS 53: § 138-8-6. C.R.S. 1963: § 138-7-6.
CO Code § 39-24-107 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 24 - Interstate Compromise, Arbitration - Inheritance Tax|§ 39-24-107. Powers of Board

 The board has power to administer oaths, take testimony, subpoena and require the attendance of witnesses and the production of books, papers, and documents, and issue commissions to take testimony. Subpoenas may be signed by any member of the board. In case of failure to obey a subpoena, any judge of a court of record of this state, upon application by the board, may make an order requiring compliance with the subpoena, and the court may punish failure to obey the order as a contempt.   History. Source: L. 53: P. 357, § 7. CRS 53: § 138-8-7. C.R.S. 1963: § 138-7-7. History. Source: L. 53: P. 357, § 7. CRS 53: § 138-8-7. C.R.S. 1963: § 138-7-7.
CO Code § 39-24-108 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 24 - Interstate Compromise, Arbitration - Inheritance Tax|§ 39-24-108. Determination of Domicile

 The board, by majority vote, shall determine the domicile of the decedent at the time of his death. This determination shall be final for purposes of imposing and collecting inheritance taxes but for no other purpose.   History. Source: L. 53: P. 357, § 8. CRS 53: § 138-8-8. C.R.S. 1963: § 138-7-8. History. Source: L. 53: P. 357, § 8. CRS 53: § 138-8-8. C.R.S. 1963: § 138-7-8.
CO Code § 39-24-109 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 24 - Interstate Compromise, Arbitration - Inheritance Tax|§ 39-24-109. Majority Vote

 Except as provided in section 39-24-107 in respect to the issuance of subpoenas, all questions arising in the course of the proceedings shall be determined by a majority vote of the board.   History. Source: L. 53: P. 357, § 9. CRS 53: § 138-8-9. C.R.S. 1963: § 138-7-9. History. Source: L. 53: P. 357, § 9. CRS 53: § 138-8-9. C.R.S. 1963: § 138-7-9.
CO Code § 39-24-110 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 24 - Interstate Compromise, Arbitration - Inheritance Tax|§ 39-24-110. Filing of Determination

 The executive director of the department of revenue, the board, or the executor or administrator of such decedent shall file the determination of the board as to domicile, the record of the board's proceedings, and the agreement or a duplicate made pursuant to section 39-24-105 , with the authority having jurisdiction to assess or determine the inheritance taxes in the state determined by the board to be the domicile of the decedent, and shall file copies of such documents with the authorities that would have been empowered to assess or determine the inheritance taxes in each of the other states involved.   History. Source: L. 53: P. 357, § 10. CRS 53: § 138-8-10. C.R.S. 1963: § 138-7-10. L. 73: P. 1475, § 36. History. Source: L. 53: P. 357, § 10. CRS 53: § 138-8-10. C.R.S. 1963: § 138-7-10. L. 73: P. 1475, § 36.
CO Code § 39-24-111 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 24 - Interstate Compromise, Arbitration - Inheritance Tax|§ 39-24-111. Penalties for Nonpayment

 If it is determined by the board that the decedent died domiciled in this state, interest or penalties, if otherwise imposed by law for nonpayment of inheritance taxes between the date of the agreement and of filing of the determination of the board as to domicile, shall not exceed ten percent per annum.   History. Source: L. 53: P. 357, § 11. CRS 53: § 138-8-11. C.R.S. 1963: § 138-7-11. History. Source: L. 53: P. 357, § 11. CRS 53: § 138-8-11. C.R.S. 1963: § 138-7-11.
CO Code § 39-24-112 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 24 - Interstate Compromise, Arbitration - Inheritance Tax|§ 39-24-112. Compromise by Parties

 Nothing in this article shall prevent at any time a written compromise, if otherwise lawful, by all parties to the agreement made pursuant to section 39-24-104 , fixing the amounts to be accepted by this and any other state involved in full satisfaction of inheritance taxes.   History. Source: L. 53: P. 357, § 12. CRS 53: § 138-8-12. C.R.S. 1963: § 138-7-12. History. Source: L. 53: P. 357, § 12. CRS 53: § 138-8-12. C.R.S. 1963: § 138-7-12.
CO Code § 39-24-113 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 24 - Interstate Compromise, Arbitration - Inheritance Tax|§ 39-24-113. Compensation and Expenses

 The compensation and expenses of the members of the board and its employees may be agreed upon among such members and the executor or administrator and, if they cannot agree, shall be fixed by any court having jurisdiction over probate matters of the state determined by the board to be the domicile of the decedent. The amounts so agreed upon or fixed shall be deemed an administration expense and shall be paid by the executor or administrator.   History. Source: L. 53: P. 357, § 13. CRS 53: § 138-8-13. C.R.S. 1963: § 138-7-13. History. Source: L. 53: P. 357, § 13. CRS 53: § 138-8-13. C.R.S. 1963: § 138-7-13.
CO Code § 39-24-114 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 24 - Interstate Compromise, Arbitration - Inheritance Tax|§ 39-24-114. Reciprocal Application

 The provisions of this article relative to arbitration shall apply only to cases in which and so far as each of the states involved has a law identical or substantially similar to this article.   History. Source: L. 53: P. 358, § 14. CRS 53: § 138-8-14. C.R.S. 1963: § 138-7-14. History. Source: L. 53: P. 358, § 14. CRS 53: § 138-8-14. C.R.S. 1963: § 138-7-14.
CO Code § 39-28.5-102.5 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 28.5 - Tax on Tobacco Products|§ 39-28.5-102.5. Tax Levied - State Constitution

 Pursuant to section 21 of article X of the state constitution, there is levied, in addition to the tax levied pursuant to section 39-28.5-102 , a tax on the sale, use, consumption, handling, or distribution of tobacco products by distributors, at a rate of twenty percent of the manufacturer's list price. The tax shall be paid to and collected by the department. The tax shall be imposed in the same manner as the tax described in section 39-28.5-102 .   History. Source: L. 2005: Entire section added, p. 910, § 9, effective June 2; entire section added, p. 925, § 10, effective June 2.    Cross references:   For the legislative declaration contained in the 2005 act enacting this section, see section 1 of chapter 241, Session Laws of Colorado 2005.
CO Code § 39-28.5-103 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 28.5 - Tax on Tobacco Products|§ 39-28.5-103. Exempt Sales

 The tax imposed by section 39-28.5-102 shall not apply with respect to any tobacco products which, under the constitution and laws of the United States, may not be made the subject of taxation by this state. Such exempt sales shall be reported to the department with such information as the department shall require.   History. Source: L. 86: Entire article added, p. 1114, § 13, effective July 1.