I'm trying to interpret the below as described by WA state, specifically in bold. If we apportion net income (loss) and allocate it to the shareholders would that continue to fall under the "business activities tax" as described below? The state (colorado) doesn't subject gross income to a personal income tax nor do they have any other "business tax", so I wonder if this passthrough net income continues to be considered a "business activities tax."
"Business activities tax" means a tax measured by the amount of, or economic results of, business activity conducted in a state. The term includes taxes measured in whole or in part on net income or gross income or receipts. In the case of sole proprietorships and pass-through entities, the term includes personal income taxes if the gross income from apportionable activities is included in the gross income subject to the personal income tax. The term "business activities tax" does not include retail sales, use, or similar transaction taxes, imposed on the sale or acquisition of goods or services, wheth-er or not named a gross receipts tax or a tax imposed on the privilege of doing business.