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
Further Reading
No matter where entrepreneurs decide to start a business, they face a variety of taxes and regulations that cut into the bottom line from t...
After the flood of new e-commerce sales tax rules in the five years since the South Dakota v. Wayfair Supreme Court decision, this may be t...
Many businesses are hesitant to spend big bucks on capital improvements or new equipment due to inflation, high interest rates and economic...
The last few months of weather’s taken a toll on homes and businesses in many parts of the country. To lighten the load a bit, the IR...
Who says Democrats and Republicans can’t agree? A few weeks back, Donald Trump advocated for eliminating taxes on tips of workers in ...
The outcome of the presidential race and which party will control the House and Senate is too close to call. But a handful of economic idea...
