Colorado Sales Tax – Oh boy, oh boy, oh boy.

Yes, we hear you. It’s always something in the State of Colorado. If you have sales tax, please read this!

First of all, this will affect ALL businesses who deliver taxable products in the State of Colorado. If you sell taxable products but DO NOT deliver the products, you can skip to the last section.

Retail Delivery Fee

If you deliver, you must now impose a $0.27 Retail Delivery Fee for every shipment. You will need to collect this $0.27 per delivery and remit this amount to the State of Colorado through your Revenue Online portal.  This fee must be listed on your invoice as a separate line item called “Retail Delivery Fees.”  

Incline Business Essentials is working with Quickbooks to determine how best to track this. If you are going to need to participate in this new requirement, it will complicate your sales tax, and we will be adjusting our prices accordingly. This is a new filing in addition to your current sales tax filing. Stay tuned for additional information.

For additional information, click here or contact the state of Colorado at (303) 238-7378. 

Retailers Who Do Not Deliver

The State is going to automatically sign ALL retailers up for this new Retail Delivery Fee. They have announced that you will have to manually “Opt Out”. If you do not “opt out”, you will receive notices from the State reminding you to remit IF you are required to.