Colorado Enacts Law Enabling Restaurants, Caterers, and Bars to Retain Sales Tax for Assistance

Bradley Feimer
June 18, 2021

Colorado Governor Jared Polis recently signed HB 21-1265 allowing a temporary deduction from state net taxable sales for qualifying retailers including, restaurants, caterers, and bars, so that they may retain the sales tax collected as assistance for revenue losses suffered from the pandemic. The bill is effective from June 2021 through August 2021.

Further information, regarding the bill’s text can be found here.

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Author

Bradley Feimer

Bradley Feimer is Regulatory Counsel at Sovos. Within Sovos’s Regulatory Analysis function, Bradley focuses on domestic sales tax, international Value Added Tax, and Global Sales Tax. Bradley received a B.A. in English from The Ohio State University and J.D. at Suffolk University Law School. Bradley is a member of the Massachusetts Bar.
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