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Aurora Colorado online Form 1040 Tax Table: What You Should Know
These rates take effect starting January 2, 2019. State tax gross receipts from out-of-state taxable gross receipts. Gross receipts from outside of Colorado (in-state income and interest) are taxed at the tax rate provided in the table below. Sales Tax Rates: Local rate is 1.00% (1.00% of 0.50), including special districts. Other state or local rate: Local rates vary by county, but the table above provides a general list of these rates. For a full list, see this website in the links section. Personal Property (Income Tax) These are the actual Colorado “Personal Property” taxes for Colorado tax returns for Individual, Married Filing Joint, and Head of Household filers. See above. Other state or local tax rates are imposed on the following items at the rate established by the individual Colorado State Legislature. Currency — Sales, Use, and Value Added Tax (VAT), Local — Local Rate: Colorado rates may be set by the state legislature through the state revenue commission or state or local statute and may vary by business type, location, type of business, and individual income tax exemption. The state of Colorado, through the state agency Colorado Department of Revenue (FOR), administers all the state's sales taxes, value added taxes and business tax rates on sales, use, and value added goods and services. The Colorado income tax rates also may be changed by the Colorado state legislature. Taxable gross receipts in Colorado include the value of property, rental income, income from sources within or outside the state, and any other income which is assessed for state, county, or municipal taxation by the state, local district, or county board of a county in this state. Personal Property — Taxable gross receipts. Gross receipt includes the fair market value of tangible personal property not subject to sales, use, or value added taxes, except transportation equipment and aircraft.
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