Chapter 34 - § 34.13 • COLORADO INHERITANCE TAX

• Jurisdiction: Colorado

§ 34.13 • COLORADO INHERITANCE TAX

The Colorado Inheritance Tax was repealed effective January 1, 1980, and replaced by a "gap"- or "sponge"-type estate tax. This tax is subject to the Colorado version of the Uniform Estate Tax Apportionment Act²⁸ discussed in § 34.11. For a discussion of the payment and burden of the prior Colorado Inheritance Tax, see the 1978 edition of this work.

The Colorado estate tax is discussed in Chapter 25, "Colorado Estate Tax." As stated in the NOTE to Chapter 25, "Colorado Estate Tax," the Colorado estate tax is designed to allocate to the Colorado Department of Revenue the amount of the federal estate tax for which a credit for state death taxes...