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TAXESCOLORADO LEGISLATIVE COUNCILUNIVERSITY OF: DENVER, R COLLEGE OF LAW LIBRARY(, CJA.LEGISLATIVE COUNCIL L 0 c&9 KC. s, REPORT TO THE COLORADO GENERAL ASSEMBLYSTATE AND LOCAL bTAXESResearch Publication
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State and local taxes are taxes imposed by state and local governments on individuals and businesses for various purposes.
Individuals and businesses who meet certain income or activity thresholds set by state and local governments are required to file state and local taxes.
To fill out state and local taxes, individuals and businesses must gather relevant financial information and complete the required forms provided by the state and local tax authorities.
The purpose of state and local taxes is to fund public services and programs provided by state and local governments, such as education, infrastructure, and public safety.
Information such as income, deductions, credits, and expenses must be reported on state and local taxes.
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