Colorado Waives Penalties for Notice and Reporting Requirements

Monday, February 19th, 2018

Colorado State Capitol Building.

The Colorado Department of Revenue (DOR) released a publication stating that it has agreed to waive penalties for failing to comply with the state's notice and reporting requirements for sales made before July 1, 2017.

In 2010, Colorado passed a law that created notice and reporting requirements for retailers who make sales to into Colorado but do not collect Colorado use tax. However, for seven years, state and federal injunctions prevented the DOR from implementing that law.

After the settlement of a case in February 2017 removed those injunctions, the DOR began enforcing the requirements on July 1, 2017. The DOR has announced that it will waive any penalties associated with the failure to follow the notice and reporting requirements for sales made before July 1, 2017. Waives Penalties for Notice and Reporting Requirements

About TTR

Transaction (buying or selling things), Tax (the tax on this activity), Resources (our people, our website, our support services) - TTR, Inc.

TTR has a website that companies subscribe to and use daily. This website provides a list of everything that can be bought or sold in the U.S. It provides simple answers to whether buying or selling these items is taxable (subject to a sales tax or other tax), and it provides all the legal authority to support these tax answers.

TTR likes to keep things simple and fun, which is why it has great people who provide help to clients on any support questions they have about transaction tax issues.

Please visit TTR on the web at or call 866.578.8193.

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