UPDATE: Tax Collection Responsibilities Changing in Colorado

Wednesday, December 12th, 2018

 
 
Denver, Colorado skyline across city park.
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Last week TTR posted a news story indicating that the Colorado Department of Revenue is giving taxpayers until March 31, 2019 to comply with the new sourcing rules. Since that time the Department has released new guidance stating that it is extending that timeline to May 31.

The new rule is effective December 1, 2018, but the Department is allowing an automatic grace period until May 31, 2019 to comply.

https://www.ttrus.com/TaxCollectionResponsibilitiesChanginginColorado


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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 www.ttrus.com or call 866.578.8193.

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