Create an Account - Increase your productivity, customize your experience, and engage in information you care about.
All licensed retailers must begin collecting sales tax at new rates in January
Marty Ferris, Finance Director
SUMMIT COUNTY – The Summit County Finance Department is encouraging all licensed retailers, including short-term lodging businesses, to prepare for changes in sales tax rates that will take effect Jan. 1, 2017.
On Nov. 8, Summit County voters approved a temporary countywide sales tax rate increase of 0.6 percent to fund affordable workforce housing construction in the community. The increase applies to all eligible transactions in all incorporated and unincorporated areas of Summit County; the tax does not apply to groceries. The measure sunsets after 10 years.
“It’s the responsibility of each business owner to ensure they’re collecting sales tax at the correct, current rate,” Summit County Finance Director Marty Ferris said. “So it’s a good idea to plan ahead for updating your systems, programming your registers and making sure there aren’t any bugs or glitches.”
For 2017 short-term lodging reservations paid in full in 2016, the additional 0.6 percent sales tax is not due, as long as the lodging company reports the transaction as part of its December sales tax report. For 2017 reservations completed with only a deposit, or those for which sales taxes are not reported until 2017, the additional 0.6 percent is due.
The Finance Department maintains a complete, detailed list of all sales taxes that apply within each jurisdiction in Summit County. To review the rates that apply to your location, visit www.SummitCountyCO.gov/SalesTax. Vendors can also find information on the State of Colorado website at www.Colorado.gov/pacific/tax.
For more information, contact Finance Director Marty Ferris at 970-453-3434.