Frequently Asked Questions - Finance
Sales Taxes
Q: How often do I remit sales and use taxes?
A: Your filing status determines when you will report and remit taxes. If more than $40.00 in sales tax is to be remitted each month, you must file a return on a monthly basis. If less than $40.00 in sales tax will be remitted each month, you may elect to file on a quarterly basis. The reporting forms will be mailed to you at the time appropriate to your filing status.
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Q: What is the Sales Tax rate?A: The total sales tax collected in the City of Lafayette is 8.3%. This breaks down into 3.5% for the City itself, 2.9% for the State of Colorado, 0.8% for Boulder County, 1% for the Regional Transportation District (RTD), and 0.1% for the Culture Tax.
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Q: Where do I get a Sales Tax Application?A: You can ask the Finance department to mail or fax you a copy of the application, or you can download it from the Document Center.
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Q: How long does it take to get my license after I have applied?A: The license is mailed to you within two weeks of receipt of the application.
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Q: What does it cost to get a Sales Tax License?A: They are available at no cost.
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