Colorado Enterprise Zone Tax Credits

Posted on Posted in Colorado Tax and Accounting Consultation
The information listed below supplies web links to the application or process to get credits, CO Department of Revenue FYI Publication and Regulation, and statute for each EZ reward.
After examining these files, you may want to seek advice from a tax expert like a local CPA. You can also get a CO Department of Earnings Letter Judgment for situational responses.
If you would like help with your enterprise tax credits contact one of our local Colorado Tax Advisors – 970-667-2123.
Colorado Enterprise Tax Credit Introduction Table
* FYI Income Rules
Investment Tax Credit (ITC).
3 % of equipment purchases.
Application: Online.
FYI: FYI Income 11.
Laws: EZ Laws.
Statute: C.R.S. 39-30-104.
Task Training Tax Credit.
12 % of certified training costs (new rate 1/1/2014).
Application: Online.
FYI: FYI Income 31.
Policy: EZ Laws.
Statute: C.R.S. 39-30-104(4)
Investment Tax Credit (ITC).
3 % of equipment purchases.
Application: Online.
FYI: FYI Earnings 11.
Laws: EZ Laws.
Statute: C.R.S. 39-30-104.
Task Training Tax Credit.
12 % of certified training costs (new rate 1/1/2014).
Application: Online.
FYI: FYI Income 31.
Policy: EZ Laws.
Statute: C.R.S. 39-30-104(4)
New Staff member Credit.
$1,100 per new task (brand-new 1/1/2014).
Application: Online.
FYI: FYI Income 10.
Policy: EZ Regulations.
Statute: C.R.S. 39-30-105.1.
Agricultural Processor New Employee Credit.
$500 total per new a.p. task (new 1/1/2014).
Application: Online.
FYI: FYI Earnings 10.
Policy: EZ Laws.
Statute: C.R.S. 39-30-105.1.
Employer Sponsored Medical insurance Credit.
$1,000 per guaranteed job (brand-new 1/1/2014).
available for very first 2 years in EZ.
Application: Online.
FYI: FYI Income 10.
Policy: EZ Laws.
Statute: C.R.S. 39-30-105.1
R&D Boost Tax Credit.
3 % of enhanced R&D expenses.
Application: Online.
FYI: FYI Income 22.
Regulation: EZ Laws.
Statute: C.R.S. 39-30-105.5.
Vacant Structure Rehabilitation Tax Credit.
25 % of rehab expenses.
Application: Online.
FYI: FYI Income 24.
Regulation: EZ Laws.
Statute: C.R.S. 39-30-105.6.
Manufacturing/Mining Sales & Use Tax Exemption.
Application: For 100+ Kind DR1192 or Type DR1191 .
FYI: FYI Sales 10 (statewide details).
FYI: FYI Sales 69 (Expanded in EZ details).
Policy: EZ Laws.
Statute: C.R.S. 39-30-106.
Process: No Pre-cert. or Accreditation required
Industrial Car Financial investment Tax Credit.
1.5 % of comm. car purchases.
Application: CVITC Application.
FYI: FYI Earnings 11.
Policy: EZ Regulations.
Statute: C.R.S. 39-30-104.
Process: Commercial Automobile Tax Credit Process.
Contribution Tax Credit.
25 % of Cash Contribution, 12.5 % of In-Kind.
Application: DR0075 form provided by task. See list here.
FYI: FYI Earnings 23.
Regulation: EZ Regulations.
Statute: C.R.S. 39-30-103.5.
Process: Contribution Tax Credit Process.
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