<p>Colorado DOR Urges State Supreme Court to Overturn Domestic Holding Company's Tax Exemptions</p>

Colorado DOR Urges State Supreme Court to Overturn Domestic Holding Company's Tax Exemptions

Colorado Supreme Court

Colorado Office of the Attorney General

Colorado Department of Revenue

The Colorado Department of Revenue filed an opening brief with the state supreme court in its case against Oracle Corp., writing that Oracle does not qualify for the state's water's-edge exemption and that Oracle would still be subject to corporate income tax even if it qualified for the exemption.

<p>The Colorado Department of Revenue filed an opening brief with the state supreme court in its case against Oracle Corp., writing that Oracle does not qualify for the state's water's-edge exemption and that Oracle would still be subject to corporate income tax even if it qualified for the exemption.</p>