Information about the recent activities of the Office of Tax Policy is provided below. This information includes new and revised publications, rulemaking activities, and recently published letter rulings and information letters.
New and Revised Publications
- Income Tax Topics: Military Servicemembers – This publication was revised to clarify rules relating to the residency status of military servicemembers and their spouses.
- Sales & Use Tax Topics: Residential Energy Use – This new publication provides information regarding the sales and use tax exemption for residential energy use and replaces FYI Sales 66.
- Sales & Use Tax Topics: Coins and Precious Metal Bullion – This new publication provides information regarding the sale and use tax exemption for coins and precious metal bullion and replaces FYI Sales 60.
Rulemaking Activities
- Quantum Facility Investment Credit Recapture – The Department is seeking public input regarding a draft rule to provide clarification regarding the conditions under which the Department will disallow a credit under section 39-22-567(10), C.R.S., and require recapture.
- Alternative Transportation Options Income Tax Credit – The Department held a rulemaking hearing on January 30, 2025, for a proposed rule for the alternative transportation options income tax credit. The credit was enacted by House Bill 22-1026 and extended by House Bill 24-1036.
- Mainframe Computer Access – The Department held a workgroup meeting on February 20, 2025, to discuss a draft rule regarding the taxability of mainframe computer access. Sections 8 and 9 of House Bill 21-1312 amended state sales tax law to reflect the general assembly's intent to clarify that amounts charged for mainframe computer access are sales of tangible personal property subject to the state sales tax. The draft rule explains the application of state sales tax laws regarding leases to mainframe computer access.