Colorado § 39-23.5-109 Interest

Colorado Statutes

§ 39-23.5-109 — Interest

Colorado § 39-23.5-109

Title 39Taxation

Art.Colorado Estate Tax

This text of Colorado § 39-23.5-109 (Interest) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 39-23.5-109 (2026).

Text

(1)Any tax due under this article which is not paid within nine months after the date of the decedent's death or the generation-skipping transfer shall bear interest on the unpaid balance due at the rate prescribed by section 39-21-110.5 from nine months after such death or transfer until such tax is paid. The interest imposed by this section shall apply regardless of any extension of time to pay the tax or of any election to use an installment method of payment of the tax.

(2)If a special use valuation election was made in a federal return and thereafter additional Colorado estate tax is due as a result of a premature disposition of property or premature cessation of the qualified use, interest shall accrue from the due date of the federal additional estate tax return regardles

Free access — add to your briefcase to read the full text and ask questions with AI

(1) Any tax due under this article which is not paid
within nine months after the date of the decedent's death or the generation-skipping transfer shall bear interest on the unpaid balance due at the rate
prescribed by section 39-21-110.5 from nine months after such death or transfer
until such tax is paid. The interest imposed by this section shall apply regardless of
any extension of time to pay the tax or of any election to use an installment method
of payment of the tax.

(2) If a special use valuation election was made in a federal return and
thereafter additional Colorado estate tax is due as a result of a premature
disposition of property or premature cessation of the qualified use, interest shall
accrue from the due date of the federal additional estate tax return regardless of
any federal extension of time for payment.

(3) If a qualified family-owned business deduction election was made in a
federal return and thereafter additional Colorado estate tax is due as a result of
failure to materially participate in the business, disposition of interests, or other
noncompliance with the requirements of section 2057 of the internal revenue code,
interest shall accrue from the due date of the federal additional estate tax return
regardless of any federal extension of time for payment.

(4) If a qualified conservation easement election was made on a federal
return and thereafter additional Colorado estate tax is due as a result of any failure
to implement the agreement described in section 2031 of the internal revenue code,
interest shall accrue from the due date of the federal additional estate tax return
regardless of any federal extension of time for payment.

Legislative History

Source: L. 79: Entire article added, p. 1434, � 16, effective July 3. L. 83: Entire section amended, p. 1535, � 8, effective July 1. L. 92: Entire section amended, p. 2252, � 8, effective July 1. L. 98: (2) amended and (3) and (4) added, p. 315, � 3, effective July 1. L. 99: (3) amended, p. 630, � 45, effective August 4.