Colorado’s Proposed 20% transferable credit

Posted 1 February, 2009 in CO News

Legislation, HB 1010 has been proposed to add a 20% transferable credit for qualified Colorado production expenditures, for income tax years commencing on or after January 1, 2009, for expenses incurred on or after July 1, 2009. Press reports state that a 10% refundable credit would be revenue neutral.

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