Issue Briefs The Specific Ownership Tax (20-01) Subject: Civil Law Courts & Judicial Elections & Redistricting Energy Financial Services & Commerce Fiscal Policy & Taxes Published: January 3, 2020 Agency: Legislative Council Staff In place of property taxes, Colorado citizens pay the specific ownership tax (SOT) on their vehicles. This issue brief provides an overview of the SOT, describes how the SOT is calculated, lists the SOT exemptions, and describes its collection and distribution. Download
