Taxes at a Glance

COLORADO CORPORATE INCOME TAX

Tax years beginning on or after	% of Colorado taxable income
January 1, 2000	4.63%
January 1, 1999	4.75%
Prior to January 1, 1999	5.0%

Note: Colorado offers two methods for calculating corporate income tax: a two-factor formula (revenue and property) and a three-factor formula (revenue, property, and payroll), whichever is less. The apportionment method can be changed annually.

RETAIL SALES TAX AND USE TAX

Statewide rate:	2.9 percent (Effective January 1, 2001)
Jurisdictions' rates:	Up to 4.1 percent

Specific metro rates:	Regional Transportation District	1.0 percent
	Cultural Facilities District	0.1 percent
	Football Stadium District	0.1 percent

Sales Tax Exemptions:

Various, including groceries, pharmaceuticals, and others.

REAL AND PERSONAL PROPERTY TAX

Mill levies:	Varies by jurisdiction
Nonresidential real and personal property assessment ratio:	29 percent
Residential real property assessment ratio:	7.96 percent in 2005 and 2006

INDIVIDUAL INCOME TAX

Combined state and local tax rates in Metro Denver range from 3.15% to 8.85%.

Property search and tax district information can be located at the websites for the Arapahoe County Assessor, the Douglas County Assessor, and the Denver County Assessor.

For further information please visit the Colorado Department of Revenue