Colorado § 39-26-106 - Schedule of sales tax.

§ 39-26-106. Schedule of sales tax.

(1) (a) (I) Repealed.

(II) Except as otherwise provided in section 39-26-901, on and after January 1, 2001, there is imposed upon all sales of commodities and services specified in section 39-26-104 a tax at the rate of two and ninety one-hundredths percent of the amount of the sale to be computed in accordance with schedules or systems approved by the executive director of the department of revenue. Said schedules or systems must be designed so that no such tax is charged on any sale of seventeen cents or less.

(b) Notwithstanding the three percent rate provisions of paragraph (a) of this subsection (1), for the period May 1, 1983, through July 31, 1984, the rate of the tax imposed pursuant to this subsection (1) shall be three and one-half percent.

(2) (a) Except as provided in paragraph (b) of this subsection (2), retailers shall add the tax imposed, or the average equivalent thereof, to the sale price or charge, showing such tax as a separate and distinct item, and when added such tax shall constitute a part of such price or charge and shall be a debt from the consumer or user to the retailer until paid and shall be recoverable at law in the same manner as other debts. The retailer shall be entitled, as collecting agent of the state, to apply and credit the amount of the retailer's collections against the rate to be paid by the retailer under the provisions of section 39-26-105, remitting any excess of collections over said rate, less the fee retained by the retailer for the collection and remittance of the tax pursuant to said section, to the executive director of the department of revenue in the retailer's next monthly sales tax return.

(b) Any retailer selling malt, vinous, or spirituous liquors by the drink or any vendor selling individual items of personal property through coin-operated vending machines may include in his sales price the tax levied under this part 1; except that no such retailer shall advertise or hold out to the public in any manner, directly or indirectly, that such tax is not included as a part of the sales price to the consumer. The schedule set forth in subsection (1) of this section shall be used by such retailer in determining amounts to be included in such sales price. No such retailer shall gain any benefit from the collection or payment of such tax, except as permitted in section 39-26-105 (1), nor shall the use of the schedule set forth in subsection (1) of this section relieve such retailer from liability for payment of the full amount of the tax levied by this part 1.

(3) Repealed.

Source: L. 35: p. 1007, § 5. CSA: C. 144, § 6. L. 37: p. 1083, § 1. L. 45: p. 579, § 3. CRS 53: § 138-6-6. C.R.S. 1963: § 138-5-6. L. 65: p. 1123, § 2. L. 65, 1st Ex. Sess.: p. 16, § 1. L. 77: (1) R&RE, p. 1825, § 1, effective July 1. L. 83: (1) amended, p. 1518, § 3, effective March 22; (1)(b) amended, p. 2097, § 6, effective October 13. L. 84: (1)(b) amended, p. 1142, § 3, effective June 7. L. 88: (2)(b) amended, p. 1328, § 2, effective April 4. L. 2000: (1)(a) amended and (3) added, p. 1431, § 3, effective May 31. L. 2001: (2)(a) amended, p. 1280, § 57, effective June 5. L. 2002: (3)(a) and (3)(b)(V) amended, p. 328, § 1, effective April 19. L. 2003: (2)(a) amended, p. 2636, § 2, effective June 5. L. 2009: (2)(a) amended, (SB 09-212), ch. 3, p. 6, § 2, effective February 26. L. 2010: (1)(a)(I) amended and (3) repealed, (SB 10-212), ch. 412, pp. 2036, 2032, §§ 11, 1, effective July 1. L. 2024: (1)(a)(I) repealed and (1)(a)(II) amended, (SB 24-228), ch. 170, p. 900, § 10, effective May 14.

ANNOTATION

Statute of limitations for reimbursement pursuant to long-term lease. Where a long-term lease agreement is executed, and where the lessor subsequently pays the applicable sales taxes and invoices the amount paid to the lessee, but the lessee refuses to make reimbursement, former § 13-80-110, which provided for a six-year statute of limitations, was the applicable statutory section. Columbine Beverage Co. v. Continental Can Co., 662 P.2d 1094 (Colo. App. 1982).

Applied in City of Montrose v. Pub. Utils. Comm'n, 629 P.2d 619 (Colo. 1981).