Denver moves to exempt new Colorado delivery fee from sales & use tax
Promising news to those who do business in Denver: The City Council has proposed a bill to exempt the state’s brand-new retail delivery fee from sales and use tax.
If the bill passes, it would create a sales and use tax exemption for this fee and other government fees.
Currently, the retail delivery fee (effective July 1, 2022) is applicable to all deliveries via motor vehicle in the state containing at least one item of tangible personal property that’s subject to sales or use tax. Right now, the fee is also subject to tax in many jurisdictions.
The fee is 27 cents per sale and will be collected from buyers by retailers and marketplace facilitators. Deliveries include mailing, shipping and any other method by which products are delivered by motor vehicle to customers in the state.
We’ll keep you posted on the Denver bill and any other related legislation.
- Share on
Free Training & Resources
White Papers
Provided by Personify Health
Webinars
Provided by Yooz
Further Reading
The U.S. Supreme Court (SCOTUS) handed down enough precedent-breaking decisions this spring to make anyone’s head spin. The upshot: B...
Any business owner who paid employee salaries or health benefits during COVID-19 restrictions will be waiting a while longer for a tax cred...
The Internal Revenue Service has extended corporate, business and individual tax deadlines out to June 17 for San Diego, Detroit and dozens...
The IRS is extending an olive branch to businesses that received tax credits related to COVID-19 in error. The tax cops are launching a ...
Another April 15 came and went, leaving many of us poorer and grumbling about government spending. For business owners and the CFOs and con...
Who says Democrats and Republicans can’t agree? A few weeks back, Donald Trump advocated for eliminating taxes on tips of workers in ...
