Colorado Taxes Streaming Services

What’s happening? Colorado passed HB21- 1312 ( 2021 | CO) that among other taxes added a tax on streaming services by making streaming services subject to the state’s sales and use tax.

Why is this important? The number of jurisdictions taxing streaming services keeps increasing.

How will this be important? Taxation of streaming services is new and shiny and ripe for tax writers.

Colorado Sun | 5 big tax bills Colorado lawmakers passed this year that will affect your wallet