New sales tax collection law for Colorado..

[GeorgeandSugar]

My question is how will the business owner know what to collect, since there different taxing entities across the state? Has the state and the various taxing entities devised a quick means (software program) to calculate these taxes?

Trying to figure this out would be a nightmare for small businesses.

Never ceases to amaze me how government at all levels continues to add complexity to every day living.

How will these taxing entities knows if your not collecting? How many people will have to be hired at all these taxing entities to monitor compliance?

More overhead. Means less for employees and business owner.

Consider all the upgrades to web sites to calculate and figure these taxes.


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