Posted by Christine Amodio, Dydacomp Technical Writer
Recently, a law was passed in Colorado that will change businesses in all locations. Colorado is finding that residents are not reporting purchases they made where they were not charged tax. This law will require all businesses to report the taxes collected on orders from Colorado residents.
Your business does not need to charge taxes for customers in Colorado in order to comply with this law. All you need to be able to do is show what taxes, if any, were collected from a Colorado buyer. This is a law that other states might start to enforce, so it’s good to know Mail Order Manager can help.
The best report to use to get all of the information you need to comply with this law, is the Sales Listing Report. This report can be generated for a specific date range, and by geographic location.
For the time frame and location selected, the report will output the total merchandise, taxes, and shipping fees collected.
For more information on the law, visit page three for house bill 10-1193 here.