Fort Collins (CO) Sales Tax
The Fort Collins sales tax rate is 7.55%
| Taxing jurisdiction | Rate |
|---|---|
| Colorado state sales tax | 2.90% |
| Larimer County sales tax | 0.80% |
| City tax | 3.85% |
| Special tax | 0% |
| Combined Sales Tax | 7.55% |
Fort Collins sales Tax Calculator Colorado
To make it easier to calculate the Fort Collins (CO) Sales tax, we have created a calculator. All that you need to input is the zip code and the number of goods bought. The calculator will tell you how much you should approximately pay in sales tax. The tools are free to use and very simple.
How does the Fort Collins sales tax compare to the rest of Colorado?
Each vendor in the USA needs to charge sales tax to the items and services that they sell. The Department of Revenue collects the sales tax proceeds from the vendors. The Fort Collins, CO sales tax rate is 7.55%. This includes 2.90% Colorado state sales tax, 0.80% Larimer County sales tax and 0% special tax.
A merchant adds the sales tax to all the qualifying sales completed in Fort Collins, CO. The Fort Collins sales tax should be clearly stated on the invoice. There are some specific goods and services are tax-exempt in Fort Collins (Colorado). Alcohol, tobacco and gas are subject to excise tax.
The 7.55% sales tax rate of the Fort Collins, CO applies to the following list of zip codes: 80521, 80522, 80523, 80524, 80525, 80526, 80527, 80528, 80553.
The vendor needs to check their district zip code to make sure that they are charging the right sales tax for the business transactions.
There are 133298 people in and around Fort Collins. It is important to be aware that zip-code boundaries do not always coincide with general boundaries. Therefore, when choosing sales tax rates, you should not focus only on zip-codes. In the event of a dispute, it is recommended that you contact the Internal Revenue Service to determine sales tax rates for you.
Alternative sales tax rate for Fort Collins
| City | Combined Tax | State Rate | County Tax | City Tax | Special Tax |
|---|---|---|---|---|---|
| Berthoud | 7.70% | 2.90% | 0.80% | 4.00% | 0% |
| Estes Park | 3.70% | 2.90% | 0.80% | 0% | 0% |
| Longmont | 8.52% | 2.90% | 0.99% | 3.53% | 1.10% |
| Erie | 7.40% | 2.90% | 0% | 3.50% | 1.00% |
Popular questions about sales tax in Fort Collins
The sales tax varies by state, county, and city. Since each jurisdiction has its own applicable sales tax rate, it is difficult to keep track of the tax amount owed for various jurisdictions. Therefore, we have created a simple tool that makes all the necessary calculations for you. Using our free online Sales Tax Calculator will allow you to automatically figure out the sales tax amount owed. All that you must do is input the total sales amount and the zip code that you are completing the purchase. The site will list the total sales amount and the components of the sales tax. This means it will list the appropriate applicable state, county, local, and city taxes. This service is nice and simple to use.
Sales taxes are collected by the Department of Revenue. The taxes go to the General Fund, and it funds government expenses. Some parts of the sales tax fund state operations, such as K-12 education. The money can be used to fund other public services. The money collected from taxes is also used to pay the wages of jobs that are related to government agencies, such as police departments, libraries, museums, etc.
A sales tax certificate is a document that allows a business to make sales-tax-free purchases of goods and services that it intends to reuse for business and to later sell and collect sales tax on. Some states allow buyers and businesses that engage in frequent transactions to create a blanket certificate. This is a simplified version of the sale certificate, and it is valid for a specified amount of time.
Sellers that do not have a large volume of transactions do not even need a sale certificate. Such is the case of garage sales. Some states offer direct payment certificates, which allow for the purchasers to not pay any sales tax to their sellers, but they pay everything to the government directly. There are numerous intricate scenarios and for this, you need a good CPA or a sales law specialist to better guide you.
45 states (do not levy these taxes in the states Alaska, Oregon, Delaware, Montana and New Hampshire) and the District of Columbia impose general sales taxes that apply to the sale or lease of most goods and some services, and states also may levy selective sales taxes on the sale or lease of particular goods or services. States may grant local governments the authority to impose additional general or selective sales taxes.
The first detail to know about sales taxes is that some states imposer the sale tax on the vendor, some to the buyer, and some states place sales taxes on both entities. It is important to know who pays the tax, as this affects whether you can claim the taxes as a refund or not.