Two emergency sales and use tax regulations have been made permanent by the Colorado Department of Revenue. The regulations provide guidance on the application of H.B. 1193, Laws 2010, the recently enacted Colorado sales and use tax nexus presumption bill. The regulations provide definitions, solicitation requirements, information on how the presumption can be rebutted, the notice requirements and penalties for failure to properly notify purchasers.
The emergency regulations were previously reported.
Subscribers can view the text of the permanent regulations.
Regs. 39-21-112.3.5 (1 CCR 201-1) and 39-26-102.3 (1 CCR 201-4), Colorado Department of Revenue, effective July 30, 2010