Colorado Helping Retailers Calculate Sales Taxes.

• Position: News Briefs - Brief Article

* The Colorado Department of Revenue recently launched an electronic system to help retailers determine the correct amount of sales tax to charge their customers. This has been complicated in the past by the overlapping taxing authority of the state's 270 cities, counties, and special districts. Because of the disparity in sales tax rates between locations within the borders of a single city or county, accurately assessing sales tax liability has been an inexact science at best. The new system will facilitate this process by providing retailers with telephone or Internet...