The State of Colorado is concerned that they might lose in a certain case they are litigating (Noble Energy). So they have issued assessments to Colorado taxpayers who have been filing "correctly," i.e., the way the state says they should have been filing. In other words, instead of a taxpayer filing a protective refund claim pending the outcome of certain litigation, the state is filing protective assessment claims. It is ironic to get an assessment for filing returns based on a position that the state of Colorado claims is the correct interpretation. Has anyone ever heard of another state doing that?
Protective assessment claim
Oct 14, 2009
1 Replies
"Bruce" wrote
I'm not following the case, so help me with the logic for a second. Colorado might lose a case in which they get to collect more taxes? And they're fighting this, why?
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