Taxes on real, personal, and utility property owned by businesses accounted for the largest share of state and local business tax receipts by a wide margin, according to an August 2014 study released by the Council on State Taxation (COST) and Ernst & Young (EY). The study provides estimates of the state and local taxes […]
Author Archive | Karie
Colorado House Approves Business Personal Property Tax Break
About 28,000 Colorado businesses are expected to benefit from a scaled-down business personal property tax break that received final approval from the Colorado House on Monday. House Bill 1279, sponsored by Democratic Reps. Dave Young of Greeley and Dianne Primavera of Broomfield, raises to $15,000 the maximum worth of equipment that a business may own […]