Colorado Code
Part 3 - Corporations
§ 39-22-346. Credit for Tax Paid in Other States

An electing pass-through entity is entitled to the credit under section 39-22-108, and subject to the limitations of section 39-22-108, for taxes paid to other states with respect to the electing pass-through entity's income not attributable to this state that is subject to taxation pursuant to section 39-22-344 whether the tax was paid by the electing pass-through entity itself or by the electing pass-through entity owners. The resident electing pass-through entity owners are not entitled to any credit under section 39-22-108 with respect to income of the electing pass-through entity.
Source: L. 2021: Entire subpart added, (HB 21-1327), ch. 300, p. 1804, § 1, effective June 23.

Structure Colorado Code