Item Coversheet

VAIL TOWN COUNCIL AGENDA MEMO

ITEM/TOPIC:   Colorado Sales and Use Tax System (SUTS) Discussion

PRESENTER(S):   Alex Jakubiec, Revenue Manager

ACTION REQUESTED OF COUNCIL:  

Information Only; During tonight’s evening meeting Council will be asked to approve, or approve with amendments Resolution 33, Series 2020 and  Ordinance 9, Series 2020.



BACKGROUND:   Following the 2018 Supreme Court decision in South Dakota vs Wayfair Colorado began the process of complying with destination based sales tax collections. To simplify and create a less burdensome remittance process for remote sellers, the State of Colorado created a tax simplification software allowing a single point of remittance. The State has requested that all home rule municipalities participate in the system within 3 years of implementation.

ATTACHMENTS:
Description
Colorado Sales and Use Tax System (SUTS) Discussion