{"data":{"id":"us-co/c.r.s.-39-23.5-106","jurisdiction":"us-co","citation":"C.R.S. § 39-23.5-106","heading":"Tax on generation-skipping transfer - amount - property included in generation-skipping transfer.","body":"(1) A tax in an amount determined as provided in this section is imposed on every generation-skipping transfer.\n\n(2) The tax shall be an amount determined by multiplying the maximum amount allowable under section 2604 of the internal revenue code by a fraction, the numerator of which is the value of the property located in Colorado included in the generation-skipping transfer and the denominator of which is the value of all property included in the generation-skipping transfer.\n\n(3) Property located in Colorado includes real property situated in this state held in trust or otherwise; tangible personal property which has an actual situs in this state; and intangible personal property owned by a trust having its principal place of administration in this state at the time of the generation-skipping transfer.","path":["Title 39 - Taxation","Article 23.5 - Colorado Estate Tax"],"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":"f235acc60c21f15be206e7eb198dea0a0089a0b731b003d746394f89a461350f","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-39-23.5-105","next":"us-co/c.r.s.-39-23.5-107"},"notice":"GroundRules: Original legal text. Not legal advice."}