Colorado § 39-21-106 Compromise

Colorado Statutes

§ 39-21-106 — Compromise

Colorado·Title 39 Taxation·Art. Procedure and Administration

(1)The executive director or the executive director's delegate may compromise any civil or criminal case arising under any tax or charge administered pursuant to this article 21 prior to reference to the department of law for prosecution or defense; and the attorney general or the attorney general's delegate shall, upon the written direction of the executive director, compromise any such case after reference to the department of law for prosecution or defense.

(2)Whenever a compromise of two thousand five hundred dollars or more is made by the executive director or his delegate in any case, there shall be placed on file in the office of the executive director or his delegate the opinion of the director with his reasons therefor, which may include financial inability of the taxp

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(1) The executive director or the executive
director's delegate may compromise any civil or criminal case arising under any tax
or charge administered pursuant to this article 21 prior to reference to the
department of law for prosecution or defense; and the attorney general or the
attorney general's delegate shall, upon the written direction of the executive
director, compromise any such case after reference to the department of law for
prosecution or defense.

(2) Whenever a compromise of two thousand five hundred dollars or more is
made by the executive director or his delegate in any case, there shall be placed on
file in the office of the executive director or his delegate the opinion of the director
with his reasons therefor, which may include financial inability of the taxpayer to
pay a greater amount, with a statement of:

(a) The amount of tax assessed;

(b) The amount of interest, additional amount, addition to the tax, or
assessable penalty imposed by law on the person against whom the tax is
assessed; and

(c) The amount paid in accordance with the terms of the compromise.

(3) Notwithstanding the provisions of subsection (2) of this section, no such
opinion shall be required with respect to the compromise of any civil case in which
the unpaid amount of tax assessed, including any interest, additional amount,
addition to the tax, or assessable penalty, is less than two thousand five hundred
dollars.

Colorado § 39-21-106 (Compromise) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 65: p. 1135, � 2. C.R.S. 1963: � 138-9-5. L. 72: p. 621, � 165. L. 77: (1) amended, p. 842, � 5, effective July 1; (1) amended, pp. 1766, 1852, �� 3, 5, effective January 1, 1978. L. 79: (1) amended, p. 1499, � 22, effective January 1, 1980. L. 86: (1) amended, p. 1110, � 5, effective July 1. L. 89: (1) amended, p. 1594, � 6, effective July 1, 1993. L. 90: (1) amended, p. 1722, � 5, effective May 1; (1) amended, p. 1722, � 6, effective July 1, 1993. L. 2001: (1) amended, p. 778, � 9, effective June 1. L. 2009: (1) amended, (HB 09-1053), ch. 159, p. 689, � 12, effective August 5. L. 2024: (1) amended, (HB 24-1349), ch. 423, p. 2902, � 9, effective December 17 (see editor's note).