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Colorado Department of Revenue issued the following News Release which extends the grace period for new sales tax rules to May 31, 2019. CO Department of Revenue News Release 12/6/2018
Colorado Department of Revenue Executive Director Mike Hartman issued the following statement on Thursday regarding proposed sales tax rules to implement the U.S. Supreme Court’s South Dakota v Wayfair decision and destination sourcing: “As part of our rulemaking process to Continue reading Colorado – Grace Period Extended For New Sales Tax Rules
Colorado has one of the most complicated sales tax environments in the nation, creating a heavy burden on every business selling in the state. With nearly 300 taxing authorities — home rule, special districts, local, and state — and overlapping boundaries, there are over Continue reading Colorado – Viewpoint: Colorado Shouldn’t Enforce New Sales Tax Until Collection System Is Fixed
In South Dakota v. Wayfair, Supreme Court ruled online taxes can’t be “burdensome” for interstate sales, but Colorado’s complex system will put the ruling to the test As state regulators scramble to expand online sales taxes in the wake of Continue reading Colorado – State’s Messy Sales Tax System Could Get More Complicated As The State Tries To Tap Into Online Revenue
In the wake of Supreme Court ruling, Department of Revenue mandates sales taxes collections based on buyer’s address The holiday shopping season is nigh and Colorado’s online retailers have much to do. It’s time to double-check inventory, alert Continue reading Colorado – Small Businesses Brace For Colorado’s New Online Sales Tax Rules Some Say Could Put Them Out Of Business
Colorado Department of Revenue/Taxation Division is hosting a series of Webinars and classes during the month of November. Webinar topics include: Colorado out-of-state Retailers and Colorado in-state Retailers. Classes for businesses with a Colorado sales tax and/or use tax account are Continue reading Colorado – Department Of Revenue Hosting Free Sales Tax Webinars In November
The Department of Revenue Taxation Division has given notice of a public rulemaking hearing. The hearing will be held at 1313 Sherman Street, Room 220, Denver, CO 80203 on October 30, 2018 at 9:00 a.m. The Department encourages parties to submit Continue reading Colorado – Public Rule Making Hearing Set For October 30, 2018
As a result of the Supreme Court South Dakota vs Wayfair decision, the state of Colorado will now collect state sales tax and state-collected local and special district sales tax from out-of-state retailers. This will require out-of-state retailers to get Continue reading Colorado – The First Day To Begin Collecting And Remitting Sales Tax Is December 1st
ENexus Thresholds As Of September 24, 2018 Ref No. State Enforcement Date Dollars of Sales Number of Sales ENexus Threshold 1 TN 1/1/2017 $500,000 0 500/0 2 RI 8/1/2017 $100,000 200 100/200 3 MA 10/1/2017 $500,000 100 500/100 4 OH Continue reading Multistate – Wayfair Economic Nexus (ENexus) Enforcement Thresholds as of September 24, 2018
DENVER (CBS4) – The Colorado Department of Revenue announced a new policy Tuesday that will require out-of-state retailers who do business in Colorado to get a state sales tax license. Previously, the retailer had to have a physical presence in a state Continue reading Colorado – State Will Require Online Retailers To Collect Sales Tax