Form DR0021 Colorado Severance Tax-Oil and Gas - Colorado

What Is Form DR0021?

This is a legal form that was released by the Colorado Department of Revenue - a government authority operating within Colorado. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form DR0021?
A: Form DR0021 is the Colorado Severance Tax-Oil and Gas form.

Q: Who needs to file Form DR0021?
A: Oil and gas companies operating in Colorado need to file Form DR0021.

Q: What is the purpose of Form DR0021?
A: The purpose of Form DR0021 is to report and pay the severance tax on oil and gas production in Colorado.

Q: When is Form DR0021 due?
A: Form DR0021 is due on the last day of the month following the end of the calendar quarter.

Q: What information is required on Form DR0021?
A: Form DR0021 requires information such as the taxpayer's name, address, and account number, as well as details about the oil and gas production and the amount of severance tax owed.

Q: Are there any penalties for late filing of Form DR0021?
A: Yes, there are penalties for late filing of Form DR0021. It is important to file the form and pay the tax by the due date to avoid penalties and interest charges.