The DMA Way

DMA Corporate Tax Blog

The tax world is an ever-changing environment, making it challenging to stay up-to-date. The tax experts at DMA post timely tax updates and information on state and local taxes across the United States and Canada.

Topics include: property tax, state income tax, franchise tax, sales tax, use tax, commodity tax, crown royalties, unclaimed property and tax technology for unclaimed property, retail tax, JDE EnterpriseONE, SAP Utilities; and integrations with software by Vertex, Avalara, Thomson Reuters, SOVOS, Wolters Kluwer and more.

Colorado Passes Bill to Provide a GIS System to Determine Proper Rates

by DMA Staff | Mar 27, 2020

Passing in the beginning of March, HB20-1023, as part of the Sales and Use Tax Simplification Task Force, will establish a GIS database for sales and use tax rates. If a vendor uses the database to determine the rate to collect, they are not held liable for rate errors in collection. The bill also includes language stating that the Department will notify all vendors if the GIS database has changed and that it must always be 95% accurate. 

This article is part of DMA's Completely Compliance quarterly newsletter. Stay up to date with sales and use tax news, events, and information by signing up for the newsletter here.