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Section 39-22-324 - Basis and adjustments — Colorado Law | CourtGPT
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  4. Title 39 - Taxation (§§ 39-1-101 — 39-37-301)/
  5. Specific Taxes - General and Administrative (§§ 39-20-101 — 39-21-405)/
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  7. Article 22 - Income Tax/
  8. Part 3 - Corporations Sub/
  9. Subpart 2 - S Corporations/
  10. Section 39-22-324 - Basis and adjustments
Colorado Legal Code

Section 39-22-324 - Basis and adjustments

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The basis in the hands of a shareholder of an S corporation in the stock of the S corporation and any indebtedness of the S corporation to the shareholder shall be determined in the manner provided under the internal revenue code.L. 92: Entire section added, p. 2261, § 1, effective April 16.