Breckenridge, CO
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Taxes
Anyone engaging in any business activity, occupation and enterprise in the Town of Breckenridge, including the delivery of goods purchased or contracted for outside Town limits and the rental of accommodation units on a short-term basis, is required to purchase a business license. To obtain a Business License, complete application.
A business license is required to collect and remit Town of Breckenridge taxes.
As a home rule government, the Town of Breckenridge is authorized to collect its own taxes. As such, Town taxes should be remitted directly to the Town of Breckenridge.
The following Town taxes should be remitted directly include (select link to go directly to Town Code):
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2.5% Sales Tax,
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3.4% Accommodations Tax,
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5% Marijuana Tax,
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1% Real Estate Transfer Tax (RETT).
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All State, County, and Special District (Summit Combined Housing Authority) taxes should be remitted to the Colorado Department of Revenue on a State sales tax return form.
Equally noteworthy is the fact that the Town of Breckenridge and the State of Colorado impose sales tax on the "transfer of business assets other than inventory." Should you have intentions of selling or acquiring an established business, it's imperative to ensure the accurate collection of sales tax on all tangible personal property involved in the transaction, excluding inventory. Such items encompass, among others, computers, desks, chairs, tables, mattresses, and so forth. To streamline the process, a return form has been made available by the Town of Breckenridge for your convenience.
For addresses in the Town of Breckenridge, please utilize the Colorado Sales Tax Lookup tool here. (https://colorado.ttr.services/)
Related Forms:
Sales Tax Due on Sale of Assets
Power of Attorney - Tax Administered Tax Matters