Sales/Use/Indirect:
Colorado DOR to Hold Work Group Meeting on New Law Imposing Added Penalties on Some Refund Claims
Notice: Workgroup Meeting – House Bill 22-1118 – Buyer’s Claims for Refund of Sales Tax Paid, Colo. Dept. of Rev. (1/27/23). The Colorado Department of Revenue (Department) announced that it is convening a workgroup meeting on February 28, 2023 to discuss promulgation of a new sales tax rule to implement legislation enacted last year [see H.B. 1118 (2022) and State Tax Matters, Issue 2022-17, for more details on this new state law], which imposes new penalties on some sales and use tax refund claims that are incomplete, duplicative of another claim, or lack a reasonable basis in law or fact. According to the Department’s announcement, the focus of the new rule and the workgroup meeting will be the data, information, and documentation a purchaser must provide with a claim for refund of sales tax paid. The meeting may be attended live in-person or remotely. Please contact us with any questions.
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