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Colorado Department of Revenue
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2019 Corporate Statistics of Income
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Table 7. Corporations that Conduct Business Within and Outside of Colorado: Income and Tax Data by Size of Federal Taxable Income
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This table shows aggregate income and tax data by federal taxable income group for C corporations that conduct business within and outside of Colorado. This table is a subset of the data presented in Table 5.
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I. Number of Returns and Aggregate Dollar Amounts
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Size of Federal Taxable Income ¹ Number of Returns Federal Taxable Income ¹ Colorado Taxable Income Colorado Gross Tax Colorado Net Tax
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Negative Income 11,657 ($285,586,435,915)($7,721,607,166)NRNR
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$ 0 to $ 9,999 4,051 $1,758,174 ($463,344,081)$5,120,132 $5,115,042
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$ 10,000 to $ 19,999 210 $3,078,436 $787,126 $40,395 $39,673
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$ 20,000 to $ 29,999 174 $4,293,553 $534,765 $34,226 $33,599
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$ 30,000 to $ 39,999 152 $5,276,634 $1,033,545 $48,275 $46,370
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$ 40,000 to $ 49,999 146 $6,545,996 $1,333,572 NR$61,038
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$ 50,000 to $ 59,999 127 $6,979,208 ($913,228)$46,174 NR
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$ 60,000 to $ 74,999 175 $11,712,447 $1,421,266 $75,815 $74,081
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$ 75,000 to $ 99,999 257 $22,346,562 $3,239,118 $155,852 $150,996
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$ 100,000 to $ 199,999 710 $104,019,905 $7,118,541 $654,391 $633,753
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$ 200,000 to $ 499,999 1,166 $391,296,051 $41,086,571 $1,940,225 $1,915,062
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$ 500,000 to $ 999,999 1,045 $759,732,843 $59,517,219 $2,806,953 $2,716,740
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$ 1,000,000 and over 6,430 $1,180,189,037,741 $11,616,982,720 $568,878,659 $531,462,820
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Total 26,300 $895,919,641,635 $3,547,189,968 $581,997,493 $544,031,748
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II. Number of Returns and Average Dollar Amounts per Return
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Size of Federal Taxable Income ¹ Number of Returns Federal Taxable Income ¹ Colorado Taxable Income Colorado Gross Tax Colorado Net Tax
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Negative Income 11,657 ($24,499,137)($662,401)NRNR
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$ 0 to $ 9,999 4,051 $434 ($114,378)$1,264 $1,263
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$ 10,000 to $ 19,999 210 $14,659 $3,748 $192 $189
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$ 20,000 to $ 29,999 174 $24,676 $3,073 $197 $193
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$ 30,000 to $ 39,999 152 $34,715 $6,800 $318 $305
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$ 40,000 to $ 49,999 146 $44,836 $9,134 NR$418
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$ 50,000 to $ 59,999 127 $54,954 ($7,191)$364 NR
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$ 60,000 to $ 74,999 175 $66,928 $8,122 $433 $423
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$ 75,000 to $ 99,999 257 $86,952 $12,604 $606 $588
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$ 100,000 to $ 199,999 710 $146,507 $10,026 $922 $893
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$ 200,000 to $ 499,999 1,166 $335,588 $35,237 $1,664 $1,642
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$ 500,000 to $ 999,999 1,045 $727,017 $56,954 $2,686 $2,600
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$ 1,000,000 and over 6,430 $183,544,174 $1,806,685 $88,473 $82,654
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Average 26,300 $34,065,386 $134,874 $22,129 $20,686
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Source: Colorado C corporation income tax returns
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¹ Federal taxable income includes income from outside of Colorado because this table summarizes corporations that conduct business within and outside of Colorado.
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Prepared by: Office of Research and Analysis, Colorado Department of Revenue | dor_ora@state.co.us
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Data extracted: August 26, 2021
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Publish date: November 2022
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