A. Sales Tax Defined: The tax to be collected and remitted by a retailer on sales taxed under this City Tax Code.
B. Use Tax Defined: The tax paid or required to be paid by a purchaser or consumer for using, storing, distributing or otherwise consuming tangible personal property or taxable services inside the City.
C. Distinction Between Sales And Use Tax:
1. The primary distinction between the Sales Tax and Use Tax is that the Sales Tax is collected by persons engaged in business in this City from the purchaser, and that person pays the tax to the City; while,
2. In the absence of that tax charge, the Use Tax is levied directly upon the person who purchases the commodities or services, either within or outside the City, and uses them in this City, which person must remit the tax, together with returns showing the purchase and the use of articles which are subject to the tax, directly to the City.
In accord with this City Tax Code, any person engaged in business in the City and making sales of property or specific services subject to the Sales Tax, even though not maintaining an office in this City, must collect and remit the Sales Tax on these sales in like manner as Colorado Springs persons collect and remit the Sales Tax.
The Sales Tax and Use Tax complement each other in the City revenue plan, and together provide a uniform tax of three and seven one-hundredths percent (3.07%) upon the sale, purchase, use, storage, distribution or consumption of all tangible personal property and specific taxable services purchased, leased or rented at retail, as herein defined. (1968 Code §3-73; Ord. 76-168; Ord. 84-27; Ord. 91-161; Ord. 92-149; Ord. 93-176; Ord. 94-206; Ord. 95-182; Ord. 96-208; Ord. 97-97; Ord. 01-42; Ord. 01-168; Ord. 15-97 1 ; Ord. 20-61 2 )
Notes
| 1 | 1. January 1, 2016, is the effective date of Ordinance 15-97. |
| 2 | 2. January 1, 2021 is the effective date of Ordinance 20-61. |