sales tax
-
Netflix subscriptions may be taxed as ‘tangible’ property, appeals court rules
—
by
Colorado’s second-highest court ruled on Thursday that a 90-year-old law taxing the sale of “tangible personal property” applies to Netflix subscriptions. A three-judge Court of Appeals panel examined the 1935 definition of tangible personal property as “corporeal,” and asked whether that necessarily meant items have to be seen and touched in order to qualify for…
-
Denver mayor seeks $100 million sales tax hike to build 20,000 ‘affordable’ housing units
—
by
Arguing $100 million more annually is necessary to build thousands of affordable housing units, Denver Mayor Mike Johnston and some of the council’s most progressive members are pushing for a sales tax hike that, if approved by voters, would make the city’s rate the highest in the region. The proposed 0.5-point tax hike is the…
-
Front Range Passenger Rail District votes to push back ballot initiative to 2026
—
by
The district in charge of planning a passenger rail line from Pueblo to Fort Collins said on Friday that it would wait until 2026 to seek voter approval for a sales tax raise. Nancy Burke, director of communications and outreach for the Front Range Passenger Rail District, said district board members had been considering between…
-
Aurora council kills proposal to eliminate marijuana excise tax
—
by
Aurora councilmembers shot down a proposal during a recent study session to get rid of the excise tax on marijuana cultivation. Officials said the city relies heavily on the nearly $700,000 in revenue generated from the tax to pay for road work and debt. In Colorado, on top of regular sales tax, the marijuana industry…
-
Aurora council kills proposal to eliminate marijuana excise tax
—
by
Aurora councilmembers shot down a proposal during a recent study session to get rid of the excise tax on marijuana cultivation. Officials said the city relies heavily on the nearly $700,000 in revenue generated from the tax to pay for road work and debt. In Colorado, on top of regular sales tax, the marijuana industry…
-
Appeals court blocks Aurora’s attempt to ‘double dip’ in state, local cigarette tax money
—
by
Colorado’s second-highest court on Thursday decided state lawmakers intended to continue prohibiting local governments from receiving their share of centrally-collected cigarette tax revenue if they enact their own sales taxes on cigarettes. A three-judge panel for the Court of Appeals agreed a 2019 law designed to give localities more control over nicotine products nevertheless blocked…
-
Colorado Springs trails, open space and parks tax question headed to April ballot
—
by
Colorado Springs voters will decide in April whether to extend a dedicated sales tax for trails, open space and parks. The City Council unanimously forwarded the question Tuesday so voters can decide whether to extend a 0.1% tax until 2045. The dedicated tax of 1 cent per $10 is set to expire in 2025. The…
-
Colorado to end sales tax for period products, diapers this week
—
by
Coloradans will soon be able to purchase period products and diapers without paying state sales taxes, thanks to a new law taking effect Wednesday. The law, House Bill 1055, expands sales tax exemptions for adult and youth diapers and period products including tampons, pads, menstrual cups, sponges, sanitary napkins and panty liners. Originally, the tax…
-
Denver, four other cities sue Colorado over tax exemption for school building materials
—
by
Five Colorado cities, including Denver, filed a lawsuit against the state Thursday over a new law that exempts building materials used for public schools from sales taxes, arguing it would decrease their revenue base by millions of dollars. Denver, Boulder, Commerce City, Pueblo and Westminster sued in Denver District Court, challenging House Bill 1024, which Gov.…
-
Denver gives preliminary approval to diaper sales tax exemption
—
by
Denver City Council approved on first reading Monday night a bill that would exempt all diapers from the city’s sales tax. The bill came to Denver not long after Aurora’s council made the same move. Denver City Council member Amanda Sawyer said in a news release that the bill intends to help residents amid inflation…
