Colorado – Clean Tech and Medical Device Sales and Use Tax Refunds (H 1325)

SALT Report  3303 – Proposed Legislation “Current law provides a sales and use tax refund, not to exceed $50,000, to a qualified clean technology or medical device taxpayer for all state sales and use tax paid by such taxpayer on Continue reading Colorado – Clean Tech and Medical Device Sales and Use Tax Refunds (H 1325)

Colorado – Marijuana Taxes Collected For January 2014 Released

SALT Report 3297 – The Colorado Department of Revenue released collection figures for the taxes, licenses and fees associated with the medical and recreational sale of marijuana. The total of all Marijuana Taxes, Licenses, and Fees for January 2014 – Continue reading Colorado – Marijuana Taxes Collected For January 2014 Released

Multistate – Direct Marketing v. Colorado Petition for Certiorari Filed

SALT Report 3289 – The Direct Marketing Association filed a Petition for Certiorari on February 25, 2014 requesting that the United States Supreme Court weigh in on the constitutional issues related to Colorado’s notification law. A response is due by Continue reading Multistate – Direct Marketing v. Colorado Petition for Certiorari Filed

Colorado – Non-Collecting Retailer Reporting Requirements

SALT Report 3206 – Law HB 10-1193 “establishing reporting requirement for non-collecting retailers [is in effect].”  The law has “until recently been under an injunction prohibiting enforcement, [which means] the Department will not enforce any penalties for failure to comply Continue reading Colorado – Non-Collecting Retailer Reporting Requirements

Colorado – How to Document Sales to Retailers, Tax-Exempt Organizations and Direct Pay Permit Holders

SALT Report 3203 – The Colorado Department of Revenue recently revised  Colorado FYI Sales 1 (12/1/13) addressing circumstances where vendors must determine whether a customer may purchase taxable goods without paying sales tax.   The following circumstances are covered in detail: Continue reading Colorado – How to Document Sales to Retailers, Tax-Exempt Organizations and Direct Pay Permit Holders

Colorado – Sales Tax License and Filing Requirements

SALT Report 3202 – The Colorado Department of Revenue recently revised Colorado FYI Sales 9 (12/1/13) addressing the two types of sales tax licenses – the Standard License and the Special Event License.   The publication explains the difference between the Continue reading Colorado – Sales Tax License and Filing Requirements

Multistate – US Supreme Court Rejects Amazon Case

SALT Report 3184 – Big sales and use tax news today.  After gathering on November 26, 2013 the US Supreme Court issued their definitive case load for the coming year today.  Obamacare made the short list (Hobby Lobby).  Amazon did Continue reading Multistate – US Supreme Court Rejects Amazon Case

Colorado – Holiday Use Tax Reminder (Cyber Monday Shoppers)

SALT Report 3177 – From Black Friday to Cyber Monday we fall further into the rabbit hole of online retail… The Colorado Department of Revenue has released a reminder specifically to holiday purchasers (and generally to all purchasers) that use Continue reading Colorado – Holiday Use Tax Reminder (Cyber Monday Shoppers)

Colorado – 2014 Interest and Penalty Rates

SALT Report 3174 – Colorado has published its 2014 tax interest and penalty rates, see “FYI Publication – General 11”.  According to the Department of Revenue “the rate of 6% will apply to underpayments, nonpayments, and overpayments of Colorado taxes Continue reading Colorado – 2014 Interest and Penalty Rates

Colorado –Proposition AA – Tax on the Sale of Marijuana Passes

SALT Report 3146 – Colorado Voters passed a ballot measure (Proposition AA) which imposes a 15% excise tax and a 10% sales tax on all recreational uses of marijuana.  State lawmakers have stated that the resulting tax will infuse approximately Continue reading Colorado –Proposition AA – Tax on the Sale of Marijuana Passes