Colorado Sales Tax Rate Changes, January 2015
- Sales Tax Rate Changes
- Dec 29, 2015 | Gail Cole
Numerous sales tax rate changes will take effect in Colorado on January 1, 2015.
Colorado is a home rule state. Citizens in municipalities that have adopted home rule have the full right of self-government in local and municipal matters and greater flexibility when seeking solutions to local problems--which can complicate sales tax compliance. There are currently 100 home rule municipalities in Colorado.
Below are a few of the jurisdictions that will see sales and use tax rate increases next year.
- Brush: sales tax increases from 3.6% to 4%; use tax for motor vehicles and building materials increases to 4%.
- Idaho Springs: sales tax increases from 3% to 4%; use tax for motor vehicles and building materials is 3%.
- La Veta: sales tax increases from 3% to 3.5%. There is no use tax.
- Trinidad: the 4% sales tax is extended, as is the 4% use tax for motor vehicles and building materials.
- Boulder County: the general sales tax rate and the use tax for motor vehicles and building materials increases from 0.8% to 0.985%. There are numerous exemptions.
- Larimer County: the general sales tax rate and the use tax for motor vehicles and building materials increases from 0.6% to 6.5%. There are numerous exemptions (even more than in Boulder County).
Special district tax
- Aspen Park Metropolitan District, with a sales tax rate of 0.5%, is adding a vendor service fee of 3.33%.
- Bachelor Gulch Metropolitan District, with a sales tax rate of 3%, is adding a vendor service fee of 3.33%.
- Two Rivers Metropolitan District is a new taxing district, with a sales tax rate of 4% and a vendor service fee of 3.33%.
Each of the above special district taxes has numerous exemptions.
- Boulder: sales tax increases to 3.86%.
- Denver: sales tax increases to 3.65%.
- Longmont: the sales tax rate of 3.275% is extended.
- Windsor: sales tax increases to 3.95%.
Colorado Department of Revenue. Home rule cities that administer their own taxes may treat items differently than the state of Colorado; therefore it is always advisable to contact the cities directly for information regarding sales and use tax and exemptions.
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