Colorado Springs
65° F
Mostly Cloudy
Mostly Cloudy

Colorado Internet tax jumps hurdle

Published On: Aug 21 2013 11:00:54 AM CDT

A federal appeals court has ruled Colorado's law requiring large online retailers to collect millions of dollars in state taxes on Internet sales is legal.

The court ruled Tuesday a lower court overstepped its jurisdiction in tossing out the law last year.
The law passed in 2010 requires Internet companies to collect Colorado's 2.9 percent tax on purchases.
The Denver Post reports the 10th Circuit Court of Appeals has lifted a permanent injunction issued by a lower court last year.


The views expressed are not those of this company or its affiliated companies. Please note by clicking on "Post" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms.

blog comments powered by Disqus