Colorado Employee Ownership Office(303) 892-3840
How Can We Help:
The Employee Ownership Tax Credit is available to current Colorado-headquartered businesses and their employees to provide an incentive to establish employee stock ownership plans, worker-owned cooperatives, and employee ownership trusts. The tax credit covers up to 50% of a qualified business’ conversion costs for use on their state income taxes. To participate in the program, the applying business must be existing in Colorado for at least one year prior to starting their employee-ownership conversion and applying for the tax credit.