Sales/Use/Indirect:
Colorado DOR to Hold Work Group Meeting on 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. (7/24/23). The Colorado Department of Revenue (Department) announced that it is convening a workgroup meeting on August 15, 2023 to discuss promulgation of new sales tax rules to implement legislation enacted last year [see H.B. 1118 (2022) and State Tax Matters, Issue 2022-17, for more details on this 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. The Department explains that it has prepared two draft rules to “aid in the process of soliciting public comments,” and that input from the public at its previous workgroup meeting [see State Tax Matters, Issue 2023-5, for more details about this earlier workgroup meeting] was considered in preparing these two draft rules (i.e., DRAFT Rule 39-26-703-1. Protective Claims for Sales or Use Tax Refunds; and DRAFT Rule 39-26-703-2. Buyer’s Claims for Refund of Sales Tax Paid). In addition to the draft rules, the Department has prepared a brief explanation of how the draft rules address certain issues. The workgroup meeting may be attended live in-person or remotely. Please contact us with any questions.
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