Home | Department Of Revenue - Taxation
COVID-19 Updates. A temporary state sales tax deduction is now available for qualifying retailers primarily in the bar, restaurant, and the mobile food services industries.
Actived: Thursday Jan 14, 2021
Sales Tax Guide | Department of Revenue - Taxation
Retailers may accept coupons from their customers for a reduction in the amount paid by the customer. For tax purposes, coupons are classified as either manufacturer's coupons or store coupons. A manufacturer's coupon is issued by the manufacturer and allows the customer a reduction in the sales price of the product upon presentation of the
Withholding Tax | Department of Revenue - Taxation
Important Information About the 1099-NEC. The Department will begin accepting Form 1099-NEC, Nonemployee Compensation, on January 15th. The IRS has reinstated Form 1099-NEC, Nonemployee Compensation, effective for tax year 2020 and forward.Beginning January 15, 2021, you can submit Form 1099-NEC to the Colorado Department of Revenue via email.
Department of Commerceâ€™s National 102.7(a)(3) defines
household to receive two coupons that are each good for up to $40 off the purchase of a television converter box. As an example, you state that a converter costing $59.99 would only cost $19.99 to the ultimate purchaser. Your question is whether the coupon reduces the taxable base of the converter.
STATE OF COLORADO
(Retailer coupons that reduce the sales price). In this case, the manufacturer is the retailer and is selling the product at a discounted price to the distributor / purchaser. However, the retailerâ€™s coupon is not analogous to the present case in some respects. The discount here occurs, if at all, only after the initial sale to the distributor.