- Colorado has a statewide sales and use tax rate of 2.9%, with additional local taxes possible.
- Most tangible personal property is taxable; most services and certain products (e.g., some foods, agricultural items, feminine hygiene products) are exempt.
- Businesses must collect sales tax if they have physical or economic nexus (over $100,000 in Colorado sales).
- Filing can be done online, by upload, or by paper; businesses with over $75,000 annual liability must pay online monthly.
- Registration for a sales tax permit is required, and additional local registration may be needed for home-rule cities.
Source: sovos.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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