{"data":{"id":"us-co/c.r.s.-39-22-5706","jurisdiction":"us-co","citation":"C.R.S. § 39-22-5706","heading":"Parallel credits - insurance premium taxes - definition.","body":"(1) Any taxpayer who is subject to the tax on insurance premiums established by sections 10-3-209, 10-5-111, and 10-6-128 and therefore exempt from the payment of income tax and who is otherwise eligible to claim a credit pursuant to this part 57 may claim the credit and carry the credit forward against the insurance premium tax on its calendar quarter estimated tax payments made in accordance with section 10-3-209 to the same extent as the taxpayer would have been able to claim or carry forward the credit or refund against income tax. All other provisions of this part 57 with respect to the credit, including the amount, allocation, and recapture of the credit and the years for which the credit may be claimed, apply to a credit claimed pursuant to this section.\n\n(2) For purposes of administering this section, any reference in this article 22 to \"income tax year\" means calendar year.","path":["Title 39 - Taxation","Article 22 - Income Tax","Part 57 - COLORADO AFFORDABLE HOUSING IN TRANSIT AND HOUSING INVESTMENT ZONES TAX CREDIT"],"source_url":"https://olls.info/crs/crs2026-title-39.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"7dbfe6194c3ceef14cc622ea74b9a1bd604482b96d935fed095f8dfc8edd8090","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-39-22-5705","next":"us-co/c.r.s.-39-22-5707"},"notice":"GroundRules: Original legal text. Not legal advice."}