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01D0C2324A6C78AF872586BF004A9B0E Hearing Summary




PUBLIC
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


07:35:12 AM  
Mark Ferrandino,
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.






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