DENVER (CBS4) – The Colorado Department of Revenue announced a new policy Tuesday that will require out-of-state retailers who do business in Colorado to get a state sales tax license.

Previously, the retailer had to have a physical presence in a state to be able to collect sales tax.

“Tax collection at the point of sale eases the process for our residents and creates a level playing field for Colorado businesses, as out-of-state retailers will be required to collect state sales tax, just as in-state retailers do today” Colorado Department of Revenue Executive Director Michael Hartman said in a press release.

There will be a small-seller exception for those retailers whose in-state sales do not exceed $100,000, or 200 transactions a year.

Licenses go on sale on November 1, 2018. Retailers will not have to collect sales tax before that date.

Comments
  1. Tsar Alexander says:

    Do these idiots have any idea at all how complicated it will become for small business to collect sales tax in all the greedy states that are asking for it?
    Unbelievably stupid!
    Go to hell Colorado Dept of Rev.

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