loading…

us-co/statute/39/39-3-130 — Change in tax status of property - effective date - tax liability · Axiom

Change in tax status of property - effective date - tax liability

7 rules

(1) (a) (I) Whenever any real property that was previously taxable becomes legally exempt from the levy and collection of property tax for any reason, the person conveying the real property shall be relieved from all further tax obligations with respect to the real property on the date title thereto is conveyed by agreement or on the date title thereto is conveyed pursuant to a court order.

(II) On and after January 1, 1996, whenever any personal property that was previously taxable becomes legally exempt from the levy and collection of property tax for any reason, the exempt status shall become effective on the assessment date following the change in status. If the change in status occurred due to the conveyance of the personal property, the person conveying the personal property shall not be relieved of any tax obligation with respect to the personal property for the property tax year in which the conveyance occurred.

(b) (I) Except as otherwise provided in subsection (2) of this section, whenever any real property that was previously exempt from the levy and collection of property tax becomes taxable, the person acquiring title to the real property shall be liable for subsequent tax obligations with respect to the real property on the date title thereto is acquired by the person.

(II) On and after January 1, 1996, except as otherwise provided in subsection

(2) of this section, whenever any personal property that was previously exempt from the levy and collection of property tax becomes taxable, the taxable status shall become effective on the assessment date following the change in status. If the change in status occurred due to conveyance of the personal property, the person acquiring title to the personal property shall not be liable for any tax obligation with respect to the personal property for the property tax year in which the conveyance occurred.

(2) Whenever any personal property consisting of inventory, as defined in section 39-1-102 (7.2), becomes taxable because the personal property has become subject to a lease or rental agreement, the lessor shall not be responsible for any tax obligation on the property for the property tax year in which the agreement was executed.

in view

Whole section

Encodings · 7

real_property_conveyor_relieved_from_further_tax_obligationsCO 39 § 39-3-130 · derived

C.R.S. 39-3-130(1)(a)(I)

name: real_property_conveyor_relieved_from_further_tax_obligations
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-3-130(1)(a)(I)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: real property that was previously taxable becomes legally exempt
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            person conveying the real property shall be relieved from all
            further tax obligations
versions:
  - effective_from: '0001-01-01'
    formula: |-
      asset_is_real_property
      and asset_was_previously_taxable
      and asset_becomes_legally_exempt
      and title_conveyed_by_agreement_or_court_order

personal_property_exempt_status_effective_on_following_assessment_dateCO 39 § 39-3-130 · derived

C.R.S. 39-3-130(1)(a)(II)

name: personal_property_exempt_status_effective_on_following_assessment_date
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-3-130(1)(a)(II)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: effective_period
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: On and after January 1, 1996
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            exempt status shall become effective on the assessment date
            following the change in status
versions:
  - effective_from: '1996-01-01'
    formula: |-
      asset_is_personal_property
      and asset_was_previously_taxable
      and asset_becomes_legally_exempt
      and assessment_date_follows_status_change

personal_property_conveyor_liable_for_conveyance_year_taxCO 39 § 39-3-130 · derived

C.R.S. 39-3-130(1)(a)(II)

name: personal_property_conveyor_liable_for_conveyance_year_tax
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-3-130(1)(a)(II)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            change in status occurred due to the conveyance of the personal
            property
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            shall not be relieved of any tax obligation ... for the property tax
            year in which the conveyance occurred
versions:
  - effective_from: '1996-01-01'
    formula: |-
      asset_is_personal_property
      and asset_was_previously_taxable
      and asset_becomes_legally_exempt
      and status_change_occurred_due_to_conveyance
      and current_property_tax_year_is_conveyance_year

real_property_acquirer_liable_for_subsequent_tax_obligationsCO 39 § 39-3-130 · derived

C.R.S. 39-3-130(1)(b)(I)

name: real_property_acquirer_liable_for_subsequent_tax_obligations
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-3-130(1)(b)(I)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: real property that was previously exempt ... becomes taxable
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            person acquiring title ... shall be liable for subsequent tax
            obligations
versions:
  - effective_from: '0001-01-01'
    formula: |-
      asset_is_real_property
      and asset_was_previously_exempt
      and asset_becomes_taxable
      and title_acquired_by_person

personal_property_taxable_status_effective_on_following_assessment_dateCO 39 § 39-3-130 · derived

C.R.S. 39-3-130(1)(b)(II)

name: personal_property_taxable_status_effective_on_following_assessment_date
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-3-130(1)(b)(II)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: effective_period
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: On and after January 1, 1996
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            taxable status shall become effective on the assessment date
            following the change in status
versions:
  - effective_from: '1996-01-01'
    formula: |-
      asset_is_personal_property
      and asset_was_previously_exempt
      and asset_becomes_taxable
      and assessment_date_follows_status_change

personal_property_acquirer_not_liable_for_conveyance_year_taxCO 39 § 39-3-130 · derived

C.R.S. 39-3-130(1)(b)(II)

name: personal_property_acquirer_not_liable_for_conveyance_year_tax
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-3-130(1)(b)(II)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: exception
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: If the change in status occurred due to conveyance
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            shall not be liable for any tax obligation ... for the property tax
            year in which the conveyance occurred
versions:
  - effective_from: '1996-01-01'
    formula: |-
      asset_is_personal_property
      and asset_was_previously_exempt
      and asset_becomes_taxable
      and status_change_occurred_due_to_conveyance
      and title_acquired_by_person
      and current_property_tax_year_is_conveyance_year

inventory_lessor_not_liable_for_lease_year_taxCO 39 § 39-3-130 · derived

C.R.S. 39-3-130(2)

name: inventory_lessor_not_liable_for_lease_year_tax
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-3-130(2)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: definition
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: personal property consisting of inventory
      - path: versions[0].formula
        kind: exception
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: becomes taxable because ... subject to a lease or rental agreement
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            lessor shall not be responsible for any tax obligation ... for the
            property tax year in which the agreement was executed
versions:
  - effective_from: '0001-01-01'
    formula: |-
      asset_is_personal_property
      and asset_is_inventory
      and asset_becomes_taxable
      and taxable_status_change_due_to_lease_or_rental_agreement
      and current_property_tax_year_is_lease_or_rental_agreement_year

▸rulespec code

Shown source

statutes/39/39-3-130.yaml

Displaying the canonical repository encoding.

View on GitHub

Rules

real_property_conveyor_relieved_from_further_tax_obligations

Derived

source: C.R.S. 39-3-130(1)(a)(I)

- name: real_property_conveyor_relieved_from_further_tax_obligations
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-3-130(1)(a)(I)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: real property that was previously taxable becomes legally exempt
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: person conveying the real property shall be relieved from all further tax obligations
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        asset_is_real_property
        and asset_was_previously_taxable
        and asset_becomes_legally_exempt
        and title_conveyed_by_agreement_or_court_order

personal_property_exempt_status_effective_on_following_assessment_date

Derived

source: C.R.S. 39-3-130(1)(a)(II)

- name: personal_property_exempt_status_effective_on_following_assessment_date
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-3-130(1)(a)(II)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: effective_period
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: On and after January 1, 1996
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: >-
              exempt status shall become effective on the assessment date following the change in
              status
  versions:
    - effective_from: '1996-01-01'
      formula: |-
        asset_is_personal_property
        and asset_was_previously_taxable
        and asset_becomes_legally_exempt
        and assessment_date_follows_status_change

personal_property_conveyor_liable_for_conveyance_year_tax

Derived

source: C.R.S. 39-3-130(1)(a)(II)

- name: personal_property_conveyor_liable_for_conveyance_year_tax
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-3-130(1)(a)(II)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: change in status occurred due to the conveyance of the personal property
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: >-
              shall not be relieved of any tax obligation ... for the property tax year in which the
              conveyance occurred
  versions:
    - effective_from: '1996-01-01'
      formula: |-
        asset_is_personal_property
        and asset_was_previously_taxable
        and asset_becomes_legally_exempt
        and status_change_occurred_due_to_conveyance
        and current_property_tax_year_is_conveyance_year

real_property_acquirer_liable_for_subsequent_tax_obligations

Derived

source: C.R.S. 39-3-130(1)(b)(I)

- name: real_property_acquirer_liable_for_subsequent_tax_obligations
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-3-130(1)(b)(I)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: real property that was previously exempt ... becomes taxable
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: person acquiring title ... shall be liable for subsequent tax obligations
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        asset_is_real_property
        and asset_was_previously_exempt
        and asset_becomes_taxable
        and title_acquired_by_person

personal_property_taxable_status_effective_on_following_assessment_date

Derived

source: C.R.S. 39-3-130(1)(b)(II)

- name: personal_property_taxable_status_effective_on_following_assessment_date
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-3-130(1)(b)(II)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: effective_period
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: On and after January 1, 1996
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: >-
              taxable status shall become effective on the assessment date following the change in
              status
  versions:
    - effective_from: '1996-01-01'
      formula: |-
        asset_is_personal_property
        and asset_was_previously_exempt
        and asset_becomes_taxable
        and assessment_date_follows_status_change

personal_property_acquirer_not_liable_for_conveyance_year_tax

Derived

source: C.R.S. 39-3-130(1)(b)(II)

- name: personal_property_acquirer_not_liable_for_conveyance_year_tax
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-3-130(1)(b)(II)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: If the change in status occurred due to conveyance
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: >-
              shall not be liable for any tax obligation ... for the property tax year in which the
              conveyance occurred
  versions:
    - effective_from: '1996-01-01'
      formula: |-
        asset_is_personal_property
        and asset_was_previously_exempt
        and asset_becomes_taxable
        and status_change_occurred_due_to_conveyance
        and title_acquired_by_person
        and current_property_tax_year_is_conveyance_year

inventory_lessor_not_liable_for_lease_year_tax

Derived

source: C.R.S. 39-3-130(2)

- name: inventory_lessor_not_liable_for_lease_year_tax
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-3-130(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: personal property consisting of inventory
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: becomes taxable because ... subject to a lease or rental agreement
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: >-
              lessor shall not be responsible for any tax obligation ... for the property tax year
              in which the agreement was executed
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        asset_is_personal_property
        and asset_is_inventory
        and asset_becomes_taxable
        and taxable_status_change_due_to_lease_or_rental_agreement
        and current_property_tax_year_is_lease_or_rental_agreement_year

▸citations (1)

References

This rule cites 1 other rule.

CO 39 § 39-1-102 (7.2)inferredCO › Statutes › Title 39 › § 39-1-102 › (7.2)

loading…

Change in tax status of property - effective date - tax liability

7 rules

Official source

graph ↗build calculator ↗

(II) On and after January 1, 1996, except as otherwise provided in subsection

in view

Whole section

Encodings · 7

real_property_conveyor_relieved_from_further_tax_obligationsCO 39 § 39-3-130 · derived

C.R.S. 39-3-130(1)(a)(I)

name: real_property_conveyor_relieved_from_further_tax_obligations
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-3-130(1)(a)(I)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: real property that was previously taxable becomes legally exempt
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            person conveying the real property shall be relieved from all
            further tax obligations
versions:
  - effective_from: '0001-01-01'
    formula: |-
      asset_is_real_property
      and asset_was_previously_taxable
      and asset_becomes_legally_exempt
      and title_conveyed_by_agreement_or_court_order

personal_property_exempt_status_effective_on_following_assessment_dateCO 39 § 39-3-130 · derived

C.R.S. 39-3-130(1)(a)(II)

name: personal_property_exempt_status_effective_on_following_assessment_date
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-3-130(1)(a)(II)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: effective_period
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: On and after January 1, 1996
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            exempt status shall become effective on the assessment date
            following the change in status
versions:
  - effective_from: '1996-01-01'
    formula: |-
      asset_is_personal_property
      and asset_was_previously_taxable
      and asset_becomes_legally_exempt
      and assessment_date_follows_status_change

personal_property_conveyor_liable_for_conveyance_year_taxCO 39 § 39-3-130 · derived

C.R.S. 39-3-130(1)(a)(II)

name: personal_property_conveyor_liable_for_conveyance_year_tax
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-3-130(1)(a)(II)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            change in status occurred due to the conveyance of the personal
            property
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            shall not be relieved of any tax obligation ... for the property tax
            year in which the conveyance occurred
versions:
  - effective_from: '1996-01-01'
    formula: |-
      asset_is_personal_property
      and asset_was_previously_taxable
      and asset_becomes_legally_exempt
      and status_change_occurred_due_to_conveyance
      and current_property_tax_year_is_conveyance_year

real_property_acquirer_liable_for_subsequent_tax_obligationsCO 39 § 39-3-130 · derived

C.R.S. 39-3-130(1)(b)(I)

name: real_property_acquirer_liable_for_subsequent_tax_obligations
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-3-130(1)(b)(I)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: real property that was previously exempt ... becomes taxable
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            person acquiring title ... shall be liable for subsequent tax
            obligations
versions:
  - effective_from: '0001-01-01'
    formula: |-
      asset_is_real_property
      and asset_was_previously_exempt
      and asset_becomes_taxable
      and title_acquired_by_person

personal_property_taxable_status_effective_on_following_assessment_dateCO 39 § 39-3-130 · derived

C.R.S. 39-3-130(1)(b)(II)

name: personal_property_taxable_status_effective_on_following_assessment_date
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-3-130(1)(b)(II)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: effective_period
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: On and after January 1, 1996
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            taxable status shall become effective on the assessment date
            following the change in status
versions:
  - effective_from: '1996-01-01'
    formula: |-
      asset_is_personal_property
      and asset_was_previously_exempt
      and asset_becomes_taxable
      and assessment_date_follows_status_change

personal_property_acquirer_not_liable_for_conveyance_year_taxCO 39 § 39-3-130 · derived

C.R.S. 39-3-130(1)(b)(II)

name: personal_property_acquirer_not_liable_for_conveyance_year_tax
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-3-130(1)(b)(II)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: exception
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: If the change in status occurred due to conveyance
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            shall not be liable for any tax obligation ... for the property tax
            year in which the conveyance occurred
versions:
  - effective_from: '1996-01-01'
    formula: |-
      asset_is_personal_property
      and asset_was_previously_exempt
      and asset_becomes_taxable
      and status_change_occurred_due_to_conveyance
      and title_acquired_by_person
      and current_property_tax_year_is_conveyance_year

inventory_lessor_not_liable_for_lease_year_taxCO 39 § 39-3-130 · derived

C.R.S. 39-3-130(2)

name: inventory_lessor_not_liable_for_lease_year_tax
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: C.R.S. 39-3-130(2)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: definition
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: personal property consisting of inventory
      - path: versions[0].formula
        kind: exception
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: becomes taxable because ... subject to a lease or rental agreement
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-3-130
          excerpt: >-
            lessor shall not be responsible for any tax obligation ... for the
            property tax year in which the agreement was executed
versions:
  - effective_from: '0001-01-01'
    formula: |-
      asset_is_personal_property
      and asset_is_inventory
      and asset_becomes_taxable
      and taxable_status_change_due_to_lease_or_rental_agreement
      and current_property_tax_year_is_lease_or_rental_agreement_year

▸rulespec code

Shown source

statutes/39/39-3-130.yaml

Displaying the canonical repository encoding.

View on GitHub

Rules

real_property_conveyor_relieved_from_further_tax_obligations

Derived

source: C.R.S. 39-3-130(1)(a)(I)

- name: real_property_conveyor_relieved_from_further_tax_obligations
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-3-130(1)(a)(I)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: real property that was previously taxable becomes legally exempt
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: person conveying the real property shall be relieved from all further tax obligations
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        asset_is_real_property
        and asset_was_previously_taxable
        and asset_becomes_legally_exempt
        and title_conveyed_by_agreement_or_court_order

personal_property_exempt_status_effective_on_following_assessment_date

Derived

source: C.R.S. 39-3-130(1)(a)(II)

- name: personal_property_exempt_status_effective_on_following_assessment_date
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-3-130(1)(a)(II)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: effective_period
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: On and after January 1, 1996
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: >-
              exempt status shall become effective on the assessment date following the change in
              status
  versions:
    - effective_from: '1996-01-01'
      formula: |-
        asset_is_personal_property
        and asset_was_previously_taxable
        and asset_becomes_legally_exempt
        and assessment_date_follows_status_change

personal_property_conveyor_liable_for_conveyance_year_tax

Derived

source: C.R.S. 39-3-130(1)(a)(II)

- name: personal_property_conveyor_liable_for_conveyance_year_tax
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-3-130(1)(a)(II)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: change in status occurred due to the conveyance of the personal property
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: >-
              shall not be relieved of any tax obligation ... for the property tax year in which the
              conveyance occurred
  versions:
    - effective_from: '1996-01-01'
      formula: |-
        asset_is_personal_property
        and asset_was_previously_taxable
        and asset_becomes_legally_exempt
        and status_change_occurred_due_to_conveyance
        and current_property_tax_year_is_conveyance_year

real_property_acquirer_liable_for_subsequent_tax_obligations

Derived

source: C.R.S. 39-3-130(1)(b)(I)

- name: real_property_acquirer_liable_for_subsequent_tax_obligations
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-3-130(1)(b)(I)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: real property that was previously exempt ... becomes taxable
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: person acquiring title ... shall be liable for subsequent tax obligations
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        asset_is_real_property
        and asset_was_previously_exempt
        and asset_becomes_taxable
        and title_acquired_by_person

personal_property_taxable_status_effective_on_following_assessment_date

Derived

source: C.R.S. 39-3-130(1)(b)(II)

- name: personal_property_taxable_status_effective_on_following_assessment_date
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-3-130(1)(b)(II)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: effective_period
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: On and after January 1, 1996
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: >-
              taxable status shall become effective on the assessment date following the change in
              status
  versions:
    - effective_from: '1996-01-01'
      formula: |-
        asset_is_personal_property
        and asset_was_previously_exempt
        and asset_becomes_taxable
        and assessment_date_follows_status_change

personal_property_acquirer_not_liable_for_conveyance_year_tax

Derived

source: C.R.S. 39-3-130(1)(b)(II)

- name: personal_property_acquirer_not_liable_for_conveyance_year_tax
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-3-130(1)(b)(II)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: If the change in status occurred due to conveyance
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: >-
              shall not be liable for any tax obligation ... for the property tax year in which the
              conveyance occurred
  versions:
    - effective_from: '1996-01-01'
      formula: |-
        asset_is_personal_property
        and asset_was_previously_exempt
        and asset_becomes_taxable
        and status_change_occurred_due_to_conveyance
        and title_acquired_by_person
        and current_property_tax_year_is_conveyance_year

inventory_lessor_not_liable_for_lease_year_tax

Derived

source: C.R.S. 39-3-130(2)

- name: inventory_lessor_not_liable_for_lease_year_tax
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: C.R.S. 39-3-130(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: personal property consisting of inventory
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: becomes taxable because ... subject to a lease or rental agreement
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-3-130
            excerpt: >-
              lessor shall not be responsible for any tax obligation ... for the property tax year
              in which the agreement was executed
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        asset_is_personal_property
        and asset_is_inventory
        and asset_becomes_taxable
        and taxable_status_change_due_to_lease_or_rental_agreement
        and current_property_tax_year_is_lease_or_rental_agreement_year

▸citations (1)

References

This rule cites 1 other rule.

CO 39 § 39-1-102 (7.2)inferredCO › Statutes › Title 39 › § 39-1-102 › (7.2)