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us-co/statute/39/39-22-655 — Penalty for failure to disclose a reportable or listed transaction · Axiom

Penalty for failure to disclose a reportable or listed transaction

4 rules

(1) (a) Except as provided in paragraph (b) of this subsection (1), a taxpayer that fails to disclose a reportable transaction as required by section 39-22-653 shall be subject to a penalty of up to fifteen thousand dollars.

(b) A taxpayer that fails to disclose a listed transaction as required by section 39-22-653 shall be subject to a penalty of up to fifty thousand dollars.

(2) Any penalty imposed by this section shall be in addition to any other penalty imposed by articles 21 and 22 of this title.

(3) For purposes of this section, if two or more members of the same combined report or consolidated return participate in the same reportable or listed transaction, the penalty imposed by subsection (1) of this section shall only be imposed once on the combined report or consolidated return.

in view

Whole section

Encodings · 4

reportable_transaction_nondisclosure_maximum_penaltyCO 39 § 39-22-655 · parameter

CO Rev. Stat. § 39-22-655(1)(a)

name: reportable_transaction_nondisclosure_maximum_penalty
kind: parameter
dtype: Money
unit: USD
source: CO Rev. Stat. § 39-22-655(1)(a)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-22-655
          excerpt: a penalty of up to fifteen thousand dollars
versions:
  - effective_from: '0001-01-01'
    formula: '15000'

listed_transaction_nondisclosure_maximum_penaltyCO 39 § 39-22-655 · parameter

CO Rev. Stat. § 39-22-655(1)(b)

name: listed_transaction_nondisclosure_maximum_penalty
kind: parameter
dtype: Money
unit: USD
source: CO Rev. Stat. § 39-22-655(1)(b)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-22-655
          excerpt: a penalty of up to fifty thousand dollars
versions:
  - effective_from: '0001-01-01'
    formula: '50000'

transaction_nondisclosure_maximum_penaltyCO 39 § 39-22-655 · derived

CO Rev. Stat. § 39-22-655(1)

name: transaction_nondisclosure_maximum_penalty
kind: derived
entity: TaxUnit
dtype: Money
period: Year
unit: USD
source: CO Rev. Stat. § 39-22-655(1)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-22-655
      - path: versions[0].formula
        kind: import
        import:
          target: >-
            us-co:statutes/39/39-22-655#reportable_transaction_nondisclosure_maximum_penalty
          output: reportable_transaction_nondisclosure_maximum_penalty
          hash: sha256:local
      - path: versions[0].formula
        kind: import
        import:
          target: >-
            us-co:statutes/39/39-22-655#listed_transaction_nondisclosure_maximum_penalty
          output: listed_transaction_nondisclosure_maximum_penalty
          hash: sha256:local
versions:
  - effective_from: '0001-01-01'
    formula: |-
      if taxpayer_fails_to_disclose_listed_transaction:
        listed_transaction_nondisclosure_maximum_penalty
      else:
        if taxpayer_fails_to_disclose_reportable_transaction:
          reportable_transaction_nondisclosure_maximum_penalty
        else:
          0

combined_report_or_consolidated_return_transaction_nondisclosure_maximum_penaltyCO 39 § 39-22-655 · derived

CO Rev. Stat. § 39-22-655(1), (3)

name: >-
  combined_report_or_consolidated_return_transaction_nondisclosure_maximum_penalty
kind: derived
entity: CombinedReport
dtype: Money
period: Year
unit: USD
source: CO Rev. Stat. § 39-22-655(1), (3)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-22-655
          excerpt: >-
            shall only be imposed once on the combined report or consolidated
            return
      - path: versions[0].formula
        kind: import
        import:
          target: >-
            us-co:statutes/39/39-22-655#reportable_transaction_nondisclosure_maximum_penalty
          output: reportable_transaction_nondisclosure_maximum_penalty
          hash: sha256:local
      - path: versions[0].formula
        kind: import
        import:
          target: >-
            us-co:statutes/39/39-22-655#listed_transaction_nondisclosure_maximum_penalty
          output: listed_transaction_nondisclosure_maximum_penalty
          hash: sha256:local
versions:
  - effective_from: '0001-01-01'
    formula: >-
      if
      combined_report_or_consolidated_return_has_member_failing_to_disclose_listed_transaction:
        listed_transaction_nondisclosure_maximum_penalty
      else:
        if combined_report_or_consolidated_return_has_member_failing_to_disclose_reportable_transaction:
          reportable_transaction_nondisclosure_maximum_penalty
        else:
          0

▸rulespec code

Shown source

statutes/39/39-22-655.yaml

Displaying the canonical repository encoding.

View on GitHub

Rules

reportable_transaction_nondisclosure_maximum_penalty

Parameter

source: CO Rev. Stat. § 39-22-655(1)(a)

- name: reportable_transaction_nondisclosure_maximum_penalty
  kind: parameter
  dtype: Money
  unit: USD
  source: CO Rev. Stat. § 39-22-655(1)(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-22-655
            excerpt: a penalty of up to fifteen thousand dollars
  versions:
    - effective_from: '0001-01-01'
      formula: '15000'

listed_transaction_nondisclosure_maximum_penalty

Parameter

source: CO Rev. Stat. § 39-22-655(1)(b)

- name: listed_transaction_nondisclosure_maximum_penalty
  kind: parameter
  dtype: Money
  unit: USD
  source: CO Rev. Stat. § 39-22-655(1)(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-22-655
            excerpt: a penalty of up to fifty thousand dollars
  versions:
    - effective_from: '0001-01-01'
      formula: '50000'

transaction_nondisclosure_maximum_penalty

Derived

source: CO Rev. Stat. § 39-22-655(1)

- name: transaction_nondisclosure_maximum_penalty
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: CO Rev. Stat. § 39-22-655(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-22-655
        - path: versions[0].formula
          kind: import
          import:
            target: us-co:statutes/39/39-22-655#reportable_transaction_nondisclosure_maximum_penalty
            output: reportable_transaction_nondisclosure_maximum_penalty
            hash: sha256:local
        - path: versions[0].formula
          kind: import
          import:
            target: us-co:statutes/39/39-22-655#listed_transaction_nondisclosure_maximum_penalty
            output: listed_transaction_nondisclosure_maximum_penalty
            hash: sha256:local
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        if taxpayer_fails_to_disclose_listed_transaction:
          listed_transaction_nondisclosure_maximum_penalty
        else:
          if taxpayer_fails_to_disclose_reportable_transaction:
            reportable_transaction_nondisclosure_maximum_penalty
          else:
            0

combined_report_or_consolidated_return_transaction_nondisclosure_maximum_penalty

Derived

source: CO Rev. Stat. § 39-22-655(1), (3)

- name: combined_report_or_consolidated_return_transaction_nondisclosure_maximum_penalty
  kind: derived
  entity: CombinedReport
  dtype: Money
  period: Year
  unit: USD
  source: CO Rev. Stat. § 39-22-655(1), (3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-22-655
            excerpt: shall only be imposed once on the combined report or consolidated return
        - path: versions[0].formula
          kind: import
          import:
            target: us-co:statutes/39/39-22-655#reportable_transaction_nondisclosure_maximum_penalty
            output: reportable_transaction_nondisclosure_maximum_penalty
            hash: sha256:local
        - path: versions[0].formula
          kind: import
          import:
            target: us-co:statutes/39/39-22-655#listed_transaction_nondisclosure_maximum_penalty
            output: listed_transaction_nondisclosure_maximum_penalty
            hash: sha256:local
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        if combined_report_or_consolidated_return_has_member_failing_to_disclose_listed_transaction:
          listed_transaction_nondisclosure_maximum_penalty
        else:
          if combined_report_or_consolidated_return_has_member_failing_to_disclose_reportable_transaction:
            reportable_transaction_nondisclosure_maximum_penalty
          else:
            0

▸citations (2)

References

This rule cites 2 other rules.

CO 39 § 39-22-653inferredCO › Statutes › Title 39 › § 39-22-653
CO 39 § 39-22-653inferredCO › Statutes › Title 39 › § 39-22-653

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Penalty for failure to disclose a reportable or listed transaction

4 rules

Official source

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(b) A taxpayer that fails to disclose a listed transaction as required by section 39-22-653 shall be subject to a penalty of up to fifty thousand dollars.

(2) Any penalty imposed by this section shall be in addition to any other penalty imposed by articles 21 and 22 of this title.

in view

Whole section

Encodings · 4

reportable_transaction_nondisclosure_maximum_penaltyCO 39 § 39-22-655 · parameter

CO Rev. Stat. § 39-22-655(1)(a)

name: reportable_transaction_nondisclosure_maximum_penalty
kind: parameter
dtype: Money
unit: USD
source: CO Rev. Stat. § 39-22-655(1)(a)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-22-655
          excerpt: a penalty of up to fifteen thousand dollars
versions:
  - effective_from: '0001-01-01'
    formula: '15000'

listed_transaction_nondisclosure_maximum_penaltyCO 39 § 39-22-655 · parameter

CO Rev. Stat. § 39-22-655(1)(b)

name: listed_transaction_nondisclosure_maximum_penalty
kind: parameter
dtype: Money
unit: USD
source: CO Rev. Stat. § 39-22-655(1)(b)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-22-655
          excerpt: a penalty of up to fifty thousand dollars
versions:
  - effective_from: '0001-01-01'
    formula: '50000'

transaction_nondisclosure_maximum_penaltyCO 39 § 39-22-655 · derived

CO Rev. Stat. § 39-22-655(1)

name: transaction_nondisclosure_maximum_penalty
kind: derived
entity: TaxUnit
dtype: Money
period: Year
unit: USD
source: CO Rev. Stat. § 39-22-655(1)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-22-655
      - path: versions[0].formula
        kind: import
        import:
          target: >-
            us-co:statutes/39/39-22-655#reportable_transaction_nondisclosure_maximum_penalty
          output: reportable_transaction_nondisclosure_maximum_penalty
          hash: sha256:local
      - path: versions[0].formula
        kind: import
        import:
          target: >-
            us-co:statutes/39/39-22-655#listed_transaction_nondisclosure_maximum_penalty
          output: listed_transaction_nondisclosure_maximum_penalty
          hash: sha256:local
versions:
  - effective_from: '0001-01-01'
    formula: |-
      if taxpayer_fails_to_disclose_listed_transaction:
        listed_transaction_nondisclosure_maximum_penalty
      else:
        if taxpayer_fails_to_disclose_reportable_transaction:
          reportable_transaction_nondisclosure_maximum_penalty
        else:
          0

combined_report_or_consolidated_return_transaction_nondisclosure_maximum_penaltyCO 39 § 39-22-655 · derived

CO Rev. Stat. § 39-22-655(1), (3)

name: >-
  combined_report_or_consolidated_return_transaction_nondisclosure_maximum_penalty
kind: derived
entity: CombinedReport
dtype: Money
period: Year
unit: USD
source: CO Rev. Stat. § 39-22-655(1), (3)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-22-655
          excerpt: >-
            shall only be imposed once on the combined report or consolidated
            return
      - path: versions[0].formula
        kind: import
        import:
          target: >-
            us-co:statutes/39/39-22-655#reportable_transaction_nondisclosure_maximum_penalty
          output: reportable_transaction_nondisclosure_maximum_penalty
          hash: sha256:local
      - path: versions[0].formula
        kind: import
        import:
          target: >-
            us-co:statutes/39/39-22-655#listed_transaction_nondisclosure_maximum_penalty
          output: listed_transaction_nondisclosure_maximum_penalty
          hash: sha256:local
versions:
  - effective_from: '0001-01-01'
    formula: >-
      if
      combined_report_or_consolidated_return_has_member_failing_to_disclose_listed_transaction:
        listed_transaction_nondisclosure_maximum_penalty
      else:
        if combined_report_or_consolidated_return_has_member_failing_to_disclose_reportable_transaction:
          reportable_transaction_nondisclosure_maximum_penalty
        else:
          0

▸rulespec code

Shown source

statutes/39/39-22-655.yaml

Displaying the canonical repository encoding.

View on GitHub

Rules

reportable_transaction_nondisclosure_maximum_penalty

Parameter

source: CO Rev. Stat. § 39-22-655(1)(a)

- name: reportable_transaction_nondisclosure_maximum_penalty
  kind: parameter
  dtype: Money
  unit: USD
  source: CO Rev. Stat. § 39-22-655(1)(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-22-655
            excerpt: a penalty of up to fifteen thousand dollars
  versions:
    - effective_from: '0001-01-01'
      formula: '15000'

listed_transaction_nondisclosure_maximum_penalty

Parameter

source: CO Rev. Stat. § 39-22-655(1)(b)

- name: listed_transaction_nondisclosure_maximum_penalty
  kind: parameter
  dtype: Money
  unit: USD
  source: CO Rev. Stat. § 39-22-655(1)(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-22-655
            excerpt: a penalty of up to fifty thousand dollars
  versions:
    - effective_from: '0001-01-01'
      formula: '50000'

transaction_nondisclosure_maximum_penalty

Derived

source: CO Rev. Stat. § 39-22-655(1)

- name: transaction_nondisclosure_maximum_penalty
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: CO Rev. Stat. § 39-22-655(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-22-655
        - path: versions[0].formula
          kind: import
          import:
            target: us-co:statutes/39/39-22-655#reportable_transaction_nondisclosure_maximum_penalty
            output: reportable_transaction_nondisclosure_maximum_penalty
            hash: sha256:local
        - path: versions[0].formula
          kind: import
          import:
            target: us-co:statutes/39/39-22-655#listed_transaction_nondisclosure_maximum_penalty
            output: listed_transaction_nondisclosure_maximum_penalty
            hash: sha256:local
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        if taxpayer_fails_to_disclose_listed_transaction:
          listed_transaction_nondisclosure_maximum_penalty
        else:
          if taxpayer_fails_to_disclose_reportable_transaction:
            reportable_transaction_nondisclosure_maximum_penalty
          else:
            0

combined_report_or_consolidated_return_transaction_nondisclosure_maximum_penalty

Derived

source: CO Rev. Stat. § 39-22-655(1), (3)

- name: combined_report_or_consolidated_return_transaction_nondisclosure_maximum_penalty
  kind: derived
  entity: CombinedReport
  dtype: Money
  period: Year
  unit: USD
  source: CO Rev. Stat. § 39-22-655(1), (3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-22-655
            excerpt: shall only be imposed once on the combined report or consolidated return
        - path: versions[0].formula
          kind: import
          import:
            target: us-co:statutes/39/39-22-655#reportable_transaction_nondisclosure_maximum_penalty
            output: reportable_transaction_nondisclosure_maximum_penalty
            hash: sha256:local
        - path: versions[0].formula
          kind: import
          import:
            target: us-co:statutes/39/39-22-655#listed_transaction_nondisclosure_maximum_penalty
            output: listed_transaction_nondisclosure_maximum_penalty
            hash: sha256:local
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        if combined_report_or_consolidated_return_has_member_failing_to_disclose_listed_transaction:
          listed_transaction_nondisclosure_maximum_penalty
        else:
          if combined_report_or_consolidated_return_has_member_failing_to_disclose_reportable_transaction:
            reportable_transaction_nondisclosure_maximum_penalty
          else:
            0

▸citations (2)

References

This rule cites 2 other rules.

CO 39 § 39-22-653inferredCO › Statutes › Title 39 › § 39-22-653
CO 39 § 39-22-653inferredCO › Statutes › Title 39 › § 39-22-653