TaxConnections

Login | TAXPAYERS | TAX PROFESSIONALS-START HERE

Are there any local tax changes in Colorado for 2017?

Colorado has state-collected and home-rule jurisdictions. What are the changes for 2017?
SALT, Sales & Use State Sales Tax Rates
TaxConnections Members... Answer This Question Want To be One of Our Tax Experts? Register Here

Tax Professional Answers

User Photo
Alan Smith
There are several changes to Colorado State-collected and home-rule jurisdiction local taxes effective January 1, but updates usually occur again in July. For January 1st, there are two new local jurisdiction taxes, some rate increases, one decrease and some extension of expiring taxes.

Colorado differs from many other states in that there are both State-collected or “statutory” towns, cities, counties and special districts as well as 70+ home-rule towns, cities and combined city/counties.

New Taxes for CO State-collected jurisdictions are:
• Johnstown Public Improvement Fee: (in Johnstown Plaza only) Rate: 0.5%;
• Edwards Metropolitan District Rate: 1.0%;
• San Miguel Authority for Regional Transportation (SMART) Rate: 0.25%

New Rates for CO State-collected jurisdictions are:
• Grand Lake: Sales Tax rate increased to 5%. No Use Tax.;
• Grand County: Sales Tax Rate increased to 1.3%. No Use Tax.;
• Summit Multi-Jurisdictional Housing Authority: Sales Tax rate increased to 0.725%. Use Tax 0.125%

New Rates for Home-Rule jurisdictions are:
• Black Hawk Sales Tax Rate increased to 6.%. Use Tax 4%;
• Canon City Sales Tax and Use Tax rates increased to 3%;
• Steamboat Springs Sales Tax and Use Tax rates decreased to 4.5%;
• Wheat Ridge Sales and Use Tax rates increased to 3.5%;

Note: We strongly recommend performing an Address Verification to determine applicable jurisdictions. Mailing addresses and Zip+4 cannot be relied upon to determine the actual jurisdictions involved. There are free State-certified database providers and other resources.

We handle multi-state sales and use tax with a special emphasis on the difficulties of proper compliance in Colorado. Let me know if I can be of any help.
Leave a Comment 80 weeks ago

Meet Leading Tax Advisors

User Photo Peter J. Scalise

Federal Tax Credits & Incentives Practice Leader

New York, NY

User Photo John L Stancil

Tax Advisor/CEO

Lakeland, FL

User Photo John R Dundon, II EA

Tax Director

Denver, CO

User Photo Kevin Johnson MS, JD, LL.M, CPA

Partner

Philadelphia, PA

User Photo Brian Weaver, CPA, MBA

Managing Tax Consultant

Des Plaines, IL

User Photo William Rogers, CFP, MBA, EA

Rancho Santa Fe, CA

Title

User Photo Clinton J Donnelly, LLM

International Tax Advisor

Panama City, Panama

User Photo Jim Marshall, EA

President/ Tax And Financial Advisor

Scottsdale, AZ

User Photo Brett A Thompson, JD, CPA

Managing Tax Lawyer

Katy, TX

User Photo Charles Woodson, EA

Tax Advisor/Fiduciary Coach

San Diego, CA

User Photo John Richardson

Tax Lawyer

Toronto, Canada

User Photo Clifford Benjamin

Senior Tax Principal

Daytona Beach, FL

User Photo Kazim Qasim, EA, CTC

Managing Tax Advisor/CEO

Orlando, FL

 

View/Select our Current List of Tax Topics

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Previous PageNext Page

INCREASE KNOWLEDGE WITH EVERY ISSUE OF TAXCONNECTIONS

 

Learn from tax advisors, straight to your inbox

Update My Email Address
Contact Us Today