Colorado: local sales tax could fund internet service
- Sales Tax News
- Jul 6, 2016 | Gail Cole
Montezuma County, Colorado is remote and sparsely populated. Located in the southwestern part of the state, it is best known for its stunning parks, monuments, and ancient Amerindian cliff dwellings. Its approximately 25,000 residents could benefit from high-speed internet service, but utility companies are unlikely to invest in the infrastructure needed to make such service possible in such a remote part of the country. If the people want it, they'll have to build and pay for it; and a local sales tax could generate the necessary funds.
Laying fiber-optic broadband utility throughout the county would cost close to $40 million, but county officials feel strongly that the benefits would outweigh the costs. According to Commissioner Keenan Ertel, companies considering locating in the county always inquire about the speed and availability of internet service. Commissioner Larry Don Suckla believes that improved — and affordable — internet infrastructure will “diversify the economy” and ultimately generate revenue. It will also benefit education, the health care industry, and home-based businesses.
Faster internet in Montezuma County would undoubtedly lead to more online shopping, and more customers in more locations can impact a retailer’s sales and use tax burden. Sales tax software simplifies sales and use tax compliance in all states. Learn more.