It is the intent of the general assembly that, in interpreting or construing the provisions of this part 3, statutes shall be given the strongest weight, then rules and regulations, and then the administrative interpretation or construction of said provisions by the executive director or the department of revenue; the administrative interpretation shall be given no greater weight than the interpretation of the taxpayer regardless of how long-standing such administrative interpretation or construction might be, unless such administrative interpretation or construction is set forth in rules and regulations promulgated by the executive director.
Source: L. 89: Entire section added, p. 1500, § 3, effective July 1, 1990.
Structure Colorado Code
§ 39-22-300.1. Short Title - Citation
§ 39-22-301. Corporate Tax Imposed
§ 39-22-303.1. Interstate Banking or Branching - Nondiscriminatory Tax Treatment
§ 39-22-303.7. Sourcing of Sales of Mutual Fund Service Corporations - Definitions
§ 39-22-304. Net Income of Corporation - Legislative Declaration - Definitions - Repeal
§ 39-22-305. Consolidated Returns
§ 39-22-306. Accounting Periods and Methods
§ 39-22-307. Credit Allowed for Prior Payment of Impact Assistance
§ 39-22-308. Credit Allowed for Purchase of Colorado Coal
§ 39-22-310. Legislative Declaration - Statutory Interpretation and Construction
§ 39-22-320. Short Title - Citation
§ 39-22-322. Taxation of an S Corporation and Its Shareholders
§ 39-22-323. Modification and Characterization of Income
§ 39-22-324. Basis and Adjustments
§ 39-22-325. Carryforwards and Carrybacks - Loss Limitation
§ 39-22-326. Part-Year Residence
§ 39-22-330. Uniformity of Application and Construction
§ 39-22-340. Short Title - Citation
§ 39-22-341. Legislative Declaration