The Colorado Department of Revenue just overhauled their free Sales & Use Tax System (SUTS) to streamline the process statewide for sales and use tax returns and other tools. The system features include:
- Accurately look up sales and use tax rates by address
- Single point of remittance and a uniform remittance form
- Taxability and exemption matrix
- Ability to calculate tax rates on items with differing tax rates in the same jurisdiction
- A record of the history of any changes
You can also remit your retail sales tax returns for state, state-collected, and participating home-rule-self-collecting taxation jurisdictions.
Check out the SUTS informational video below or visit the online info center at https://tax.colorado.gov/SUTS-info.
