![]() “We continue to hear from folks who are desperately struggling simply to make ends meet,” Young said. Notably, the money will be delivered before the 2022 election in November. Treasurer Dave Young, speaking Tuesday, pointed to rising inflation, rent and medical costs as a reason for the expedient delivery of the rebate money. “All of this is in the face of rising costs, which is why we want to get this money out to you as quickly as possible, because you know what to do with it better than the government,” the governor said. Polis said Colorado’s unemployment rate is just 3.5% - slightly lower than the national average - and that the state has recovered more jobs than it lost during the pandemic. You can watch the governor's full comments below. “And so the fact that we’ve done so well has allowed us to increase the amount of this refund.” “It’s a weird time, because our economy is doing so well, and yet everybody is feeling the pressure of increased prices,” Polis said. Polis said people will receive the money in August. Taxpayers who filed their 2021 returns before June 30 are eligible to receive the rebate. ![]() However, a better-than-expected tax revenue at the end of this fiscal year - The Colorado Sun reports that there is $1 billion more in tax revenue in excess of the TABOR cap than was previously expected - means Coloradans will be getting more money in their rebate. ![]() At the time, the governor said individual filers would receive a $400 rebate and joint filers would receive $800. Polis initially announced the cashback rebate in April of this year. The money comes from a clause in the Colorado Taxpayer Bill of Rights ( TABOR ), which gives the state legislature power to determine how to refund excess tax revenue to those who pay it. If the buyer and seller both live within the town limits of Fraser, a 5% use tax is collected prior to titling.Colorado Governor Jared Polis announced Tuesday, June 21 from the Governor’s Office that in late August, individual tax filers will receive refund checks of $750 joint filers can expect $1,500.If the buyer lives within the town limits of Fraser but the seller does not, a 4% use tax is collected prior to titling.If the buyer lives within the town limits of Grand Lake, a 5% use tax is collected prior to titling.If the buyer lives within the town of Granby, a 4% use tax is collected prior to titling.If both the buyer (or lessee) and the seller live within the town limits of Winter Park, a 7% city tax is collected prior to titling.Ĭity Use TaxGranby, Grand Lake and Fraser have city use taxes.If both the buyer and the seller live within the town limits of Kremmling or Hot Sulphur Springs, a city sales tax of 4% is collected prior to titling.If it is,Ĭolorado will give the buyer credit for state sales tax paid up to 2.9% of the purchase price.Ĭounty Sales TaxWhen a vehicle is purchased in Grand County or from someone who has registered the vehicle in Grand County, a county sales tax of 1.3% must be collected prior to titling.Ĭity Sales TaxKremmling, Hot Sulphur Springs, and Winter Park have city sales taxes. If the vehicle is purchased from a dealer outside Colorado, the dealer may or may not collect the state sales tax for the state where the vehicle was purchased. A receipt for the state sales tax paid will be included with the vehicle title work. If the vehicle is purchased from a dealer in Colorado, the dealer will collect the state sales tax and remit it to the state. All buyers must pay 2.9% of the purchase price for state sales tax. State Sales TaxWhen a vehicle is purchased in Colorado, state sales must be collected. Link to determine town or unincorporated Grand County Note: When entering addresses in the app, you must use the abbreviations "COUNTY RD" for a county road, AVE for Avenue, BLVD for Boulevard, CIR for Circle, CT for Court, DR for Drive, LN for Lane, RD for Road, ST for Street, TRL for Trail, WAY for Way. The result will tell you the name of the town for the physical address or will show as "GRAND_CO" if it is in unincorporated Grand County. Information Sheet on Sales and Use Tax in Grand Countyĭetermine TaxUse the link below to determine if a physical address is located in one of the Grand County towns or in unincorporated Grand County. ![]()
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