BILL SUMMARY For UPDATE ON THE SALES AND USE TAX SIMPLIFICATION SYSTEM
JOINT COMMITTEE COMMITTEE ON JOINT TECHNOLOGY COMMITTEE
Date Apr 22, 2021
Location SCR 352
Update on the Sales and Use Tax Simplification System - Committee Discussion Only
Executive Director of the Department of Revenue (DOR), discussed the Sales
and Use Tax Simplification (SUTS) System. A copy of the presentation
materials can be found here: https://leg.colorado.gov/sites/default/files/images/suts_jtc_presentation_april_2021.pdf
Brendon Reese, Senior Director of the Taxation Division at DOR, continued
the presentation with information on SUTS, a timeline of SUTS, and an update
on home rule municipality and business adoption.
Mr. Reese responded to questions from the committee about which home rule
municipalities are not participating in SUTS, costs of business licenses,
remitting payments, and next steps.