Get Form Tx With Instructions - Denvergov

Occupational privilege tax The tax is imposed on businesses operating in the City and on individuals who perform sufficient services within Denver to receive as compensation from an employer at least five hundred dollars ($500) for a calendar month.

Denver imposes two separate but related Occupational Privilege Taxes (OPT). The Business OPT is imposed on businesses operating in Denver and the Employee OPT is imposed on individuals who perform sufficient services within Denver to receive as compensation at least five hundred dollars ($500) for a calendar month.

C.R.S., and Article 35 of Title 30, C.R.S. Number of home rule local governments. There are currently 103 municipalities in the state that have adopted home rule charters, including the City and County of Broomfield and the City and County of Denver.

You may be liable for Occupational Privilege Tax if your employees work in any of these cities: Aurora. Denver. Glendale. Greenwood Village. Sheridan.

Occupational Privilege Taxes in Colorado are essentially a “head tax” that is levied on most workers within jurisdictions that have the tax. Simply put, this means that every employee that falls under the requirements in the jurisdiction has to pay it, and there is typically an employer match of this tax.

The Business OPT is the tax imposed on businesses that have employees who meet the $500-a-month earnings test, and on the owners, partners or managers of businesses that perform any business, trade, occupation or profession in Denver. The rate is $4.00 per person per month.

Consumer Use Tax is imposed on tangible personal property, products, and certain taxable services – generally furniture, fixtures, equipment, and supplies (not inventory), software, digital products that is used, stored or consumed within Denver upon which local sales tax equal to or greater than Denver's rate has not ...