(1) The general assembly hereby finds and declares that: (a) Colorado has a unique and complex state and local sales tax system; (a.5) Colorado has a unique and complex local lodging tax system; (b) Home rule jurisdictions have exercised their constitutional authority to establish their own sales and use tax systems, including their own licensing requirements, rates, taxable and nontaxable items, and definitions, and to establish their own local lodging tax systems; (c) The resulting lack of uniformity can be especially cumbersome for businesses operating in multiple jurisdictions in Colorado; and (d) It is time that a group of knowledgeable citizens come together to study options of further simplifying our tax system.
‹ Prev All Colorado sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.