A. There is hereby imposed upon all sales of tangible personal property and the furnishing of certain services, as specified in section 2-3-4 of this chapter, a four percent (4%) sales tax upon the sale at retail of tangible personal property and the furnishing of certain services as provided in "The Emergency Retail Sales Tax Action of 1935" set forth in article 26 of title 39, Colorado Revised Statutes, 1973, as amended, and any amendment thereto enacted before or after the effective date of this chapter, which provisions are incorporated herein by this reference. (Ord. 233, 2-5-2002, eff. 7-1-2002)
B. The imposition of the tax on the sale at retail of tangible personal property and the furnishing of certain services subject to this tax shall be in accordance with schedules set forth in the rules and regulations of the department of revenue of the state of Colorado and in accordance with the regulations enacted by separate resolution of the board of trustees of the town. (Ord. 177, 2-22-1990)
C. In the event the limitation provided in Colorado Revised Statutes 29-2-108 is to be exceeded in the town by a proposed county sales or use tax, such limitation shall be exceeded by the stated rate in the town of Simla. (Ord. 233, 2-5-2002, eff. 7-1-2002)