Colorado: File on Time and Get a Discount

The Colorado Department of Revenue will once again offer a discount for returns filed on time. Beginning July 1, 2014, the service fee (also known as the vendor’s fee or the discount fee) will be 3.33%. It is currently 2.22%.

The service fee rate of 3.33% applies to the following:

• Colorado state sales tax;
• Colorado state retailer’s use tax;
• Aviation sales tax; and
• RTD/CD (Denver metro area) special district taxes.

The service fee does not apply to state-collected local jurisdictions. However, taxpayers are advised to keep on top of those rates, which do change periodically.  Additional information is available on Colorado Sales/Use Tax Rates, DR 1002.

Learn more about Colorado’s service fee. Then learn how an automated sales tax solution allows you to file on time, every time.