[April 29, 2019] The Colorado Department of Revenue provided a grace period for in-state and out-of-state retailers to comply with new destination sourcing and economic nexus rules. This grace period ends on May 31, 2019. Beginning June 1, 2019, in-state retailers will be required to collect and remit sales taxes based on the jurisdiction’s tax rate at the point of delivery for the taxable good when taxable goods are delivered to a Colorado address outside the retailer’s jurisdiction. This includes any applicable state-administered local and special district taxes. Additionally, beginning on the same date, out-of-state retailers with $100,000 or more in retail sales into Colorado, in the current or previous calendar year, will be required to register for a sales tax license and collect Colorado state sales tax and any local sales tax for state-administered localities.
As a reminder, Sovos is Colorado DOR certified.
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