STEAMBOAT SPRINGS, COLORADO-December 28, 2020-Earlier this month, the City of Steamboat Springs, in partnership with the Colorado Department of Revenue (CDOR) and the Governor’s Office of Information Technology (OIT), joined the Colorado’s Sales and Use Tax System (SUTS). The online portal went live December 1.
“This system provides another platform for retailers to file and remit taxes to the City of Steamboat Springs,” said the city’s Budget & Tax Manager Sue Davies. “Use of the SUTS system is optional and retailers may continue to file taxes directly with the city through the existing systems.”
The SUTS portal allows Colorado businesses, and any online business, to file sales tax returns for the participating home-rule jurisdictions, state, and state-administered jurisdictions, from one convenient online portal at Colorado.gov/Revenue/SUTS.
Additionally, the portal also includes a Geographic Information System (GIS), which is a tax rate lookup tool that allows businesses to find the tax rate of any jurisdiction simply by entering an address.
Key features of the SUTS portal include:
- Single point of remittance and a uniform remittance form
- GIS tax rate lookup tool
- 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
Colorado has a unique tax landscape with 223 tax jurisdictions, of which 71 jurisdictions are home-rule, self-collecting, tax jurisdictions. These jurisdictions can establish their own tax base, requiring businesses to file and remit tax directly to the municipality/county. The SUTS portal will be a vital tool in simplifying the collection and remittance of sales tax for businesses of all sizes in the state of Colorado.
Visit Colorado.gov/Tax/SUTS-info for information regarding the Sales and Use Tax System (SUTS).
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Contact
Sue Davies, Budget & Tax Manager, 970.871.8251 or email