Small business applauds delaying implementation of online sales tax scheme
DENVER, Dec. 6, 2018—NFIB Colorado State Director Tony Gagliardi issued the following statement following this afternoon’s announcement by the state Dept. of Revenue that it is delaying implementation of a new online sales tax until further study and legislative input.
“This is a welcome holiday present from the Department of Revenue, but Colorado small businesses will not breathe a big sigh of relief until they see what lies ahead in the coming months. The South Dakota v. Wayfair decision handed down earlier this year by the U.S. Supreme Court now allows states to collect online sales taxes from online sellers. Our Department of Revenue took it as a shot from a starter’s pistol to begin a mad dash to a finish line that wasn’t clearly marked. Rightfully, the department has decided to slow down, but not before causing a collective anxiety in a state that already has a mess of a sales tax structure with more than 700 taxing entities. On behalf of NFIB and the Coalition to Simplify Colorado’s Sales Tax, I commend the Department of Revenue for talking this step and striving to make sure Main Street businesses are fully prepared for the new collection and remittance process, and that all the necessary tools are available. Simplifying and harmonizing its sales tax structure is Colorado’s biggest public policy challenge by far.”
NFIB is the state’s leading small-business association. To learn more, visit www.nfib.com/CO and follow @NFIB_CO on Twitter and on Facebook @NFIB.CO
For more than 75 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is nonprofit, nonpartisan, and member-driven. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit nfib.com.
National Federation of Independent Business/Colorado
1580 Logan St. Suite 520
Denver, CO 80203