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 Colorado Withholding Tax Form 2020

2020-2025 Form

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today's faq is what is the colorado two percent withholding tax when selling a property in gunnison or crested view colorado out-of-state sailors are subject to the two percent withholding tax in general sales of colorado real property valued at more than one hundred thousand dollars and made by non-colorado residents of colorado are subject to a withholding tax in anticipation of any colorado income tax that could be due on the gain of the sale any sale that shows a non-colorado address for the transfer may be subject to this withholding this law affects non-colorado residents or those parties moving out of state and not purchasing another primary residence the amount if withheld shall be the lesser of two percent of the sales price of the property or the net proceeds however there are exceptions to this two percent withholding withholding shall not be made when the following occur the selling price of the property is not more than one hundred thousand dollars the transfer is

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