Definitions
For purposes of this subpart 2, unless the context otherwise requires:
(1) Colorado combined group means a group of affiliated C corporations required or allowed to file a combined report pursuant to section 39-22-303.
(2) Department means the department of revenue.
(3) Income tax means a tax imposed under this article.
(4) Income tax return means a return filed under section 39-22-601.
(5) Listed transaction means a transaction that is:
(a)The same as, or substantially similar to, a transaction…#
(a) The same as, or substantially similar to, a transaction or arrangement specifically identified as a listed transaction by the United States secretary of the treasury in written materials interpreting the requirements of section 6011 of the internal revenue code;
(b)A transaction between a captive real estate investment…#
(b) A transaction between a captive real estate investment trust as defined in section 39-22-503 (2) and its more than fifty percent beneficial owner as described in section 39-22-503 (2)(a); or