(A) The town sales tax shall not apply to:
(1) The sale of construction and building materials, as the term is used in C.R.S. § 29-2-109, if such materials are picked up by the purchaser and if the purchaser of such materials presents to the retailer a building permit or other documentation acceptable to the town evidencing that a local use tax has been paid or is required to be paid;
(2) The sale of food purchased with food stamps. For purposes of this division (A)(2), food shall have the same meaning as provided in 7 U.S.C. § 2012(g);
(3) The sale of food purchased with funds provided by the special supplemental food program for women, infants and children pursuant to 42 U.S.C. § 1786. For purposes of this division (A)(3), food shall have the same meaning as provided in 42 U.S.C. § 1786; or
(4) The sale of tangible personal property at retail, or to the furnishing of services, if the transaction was previously subjected to a sales or use tax lawfully imposed on the purchaser by another statutory or home rule municipality at a rate equal to or in excess of the rate established by § 33.16(A) of this chapter. A credit shall be granted with respect to such transaction equal in amount to the lawfully imposed sales or use tax previously paid by the purchaser to the previous statutory or home rule municipality. The amount of the credit shall not exceed the rate established by § 33.16(A) of this chapter.
(B) The value of construction and building materials on which a use tax has previously been collected by an incorporated town, city or county shall be exempt from the sales tax if the materials are delivered by the retailer or the retailer’s agent to a site within the limits of such town, city or county.
(C) All sales of tangible personal property on which a specific ownership tax has been paid or is payable shall be exempt from the sales tax when such sales meet both the following conditions:
(1) The purchaser is a nonresident of or has his or her principal place of business outside the limits of the town; and
(2) Such property is registered or required to be registered outside the limits of the town under the Colorado Revised Statutes.
(Prior Code, § 3.08.060) (Ord. 3.08.010, Series 2001, passed 8-21-2001)