Issue: Under Colorado law, is a service provider required to pay sales and use tax?
|Area of Law:||Tax Law|
|Keywords:||Sales and use tax; Service provider; Tangible personal property|
|Cited Statutes:||Colo. Rev. Stat. § 39-26-104(1)(a); Colo. Rev. Stat. § 39-26-202 (1); Colo. Rev. Stat. § 39-26-102 (15); Colo. Tax Reg. § 26-102.15; Colo. Tax Reg. § 21,552-Z.60|
Colorado taxes the purchase price paid or charged upon all sales and purchases of tangible personal property. Colo. Rev. Stat. § 39-26-104(1)(a)( 1990). Colorado similarly taxes persons storing, using or consuming in Colorado tangible personal property purchased at retail. Colo. Rev. Stat. § 39-26-202 (1)( 1990). Tangible personal property is defined as corporeal personal property, Colo. Rev. Stat. § 39-26-102 (15)( 1991 Supp.), which includes all goods, merchandise, products and commodities capable of being possessed and exchanged, Colo. Tax Reg. § 26-102.15 (1989). A service provider, is required to pay sales or use tax on items purchased or used in Colorado in the cause of rendering services. Colo. Tax Reg. § 21,552-Z.60 (1989).