Department of Finance Treasury Division Tax Compliance – Audit Unit 201 W Colfax Ave #1009 Denver, CO 80202 www.denvergov.org/treasury C ity and County of Denver -General Tax Information Booklet - Table of Contents Contents INTRODUCTION................................................................................................................................... 5 TYPES OF TAX& CHARGES ............................................................................................................................................5 DENVERSALES TAX .......................................................................................................................................................................... 6 DENVER USE TAX. ............................................................................................................................................................................. 6 DENVER OCCUPATIONAL PRIVILEGETAX (OPT) ........................................................................................................ 6 LODGER’STAX..................................................................................................................................................................................... 7 TOURISM IMPROVEMENT DISTRICTTAX .................................................................................................................................... 7 FACILITIESDEVELOPMENTADMISSIONTAX (FDA) .................................................................................................................................. 7 TELECOMMUNICATIONS BUSINESSTAX(TBT) ............................................................................................................................................ 7 EMERGENCY TELEPHONE CHARGE (E911) ..................................................................................................................................... 8 WHO MUST HAVEA LICENSE/REGISTER .................................................................................. 8 GENERAL GUIDELINES ........................................................................................................................................................................................... 8 TYPES OF LICENSES ...................................................................................................................................................................................... 9 LICENSE FEES ............................................................................................................................................................................................... 10 OBTAINING A LICENSE ........................................................................................................................................................................... 10 BUYING OR SELLING A BUSINESS............................................................................................................. 11 RELATED INFORMATION ...................................................................................................................... 12 CONSTRUCTION ....................................................................................................................................................................................... 12 VENDINGMACHINE SALES ......................................................................................................................................... 13 RECORD KEEPING ...................................................................................................................................................................................... 14 TAKINGGOODS OUT OF INVENTORY ........................................................................................................................ 14 BURDENOF PROOF ................................................................................................................................................................ 14 FILING FREQUENCY ................................................................................................................... 15 SALES, USE AND LODGER’S .......................................................................................................................................................... 15 OCCUPATIONALPRIVILEGETAX (OPT) .............................................................................................................................................. 15 FACILITIES DEVELOPMENT ADMISSIONS (FDA) .................................................................................................... 15 TELECOMMUNICATIONS BUSINESS TAX (TBT) ....................................................................................................... 15 EMERGENCY TELEPHONE CHARGE (E911) ............................................................................................................. 16 PENALTIES / INTEREST FOR LATEFILINGS .............................................................................................................................. 16 FILINGTIPS ..................................................................................................................................................................................................... 16 NONEGATIVERETURNS .......................................................................................................................................................................... 16 REFUNDS……………………………………………………………………………………………………………...…16 NO TAXES OR CHARGES DUE? .............................................................................................................................................................. 17 BUSINESSPERSONAL PROPERTY TAXATION. ....................................................................... 18 GENERALINFORMATION ........................................................................................................................................................................ 18 PERSONALPROPERTY ................................................................................................................................................................................ 18 THEASSESSOR’SRESPONSIBILITY ......................................................................................................................................................... 19 THE BUSINESS OWNER’SRESPONSIBILITY .................................................................................................................. 19 THE TREASURER’SRESPONSIBILITIES................................................................................................................................................. 19 FILING DECLARATIONS ............................................................................................................................................................................ 19 LEASED, LOANED, OR RENTED PERSONAL PROPERTY .............................................................................................................. 19 DECLARATIONFILING OPTIONS .......................................................................................................................................................... 20 A MESSAGE TO SMALL BUSINESS OWNERS ...................................................................................................................................... 21 EXEMPTIONS FROMASSESSMENT .................................................................................................................................................................. 21 PERSONAL PROPERTY ASSESSMENT CALENDAR ........................................................................................................................... 21 PAYMENTAND COLLECTIONOF PERSONALPROPERTY TAX .................................................................................. 22 REAL PROPERTY TAX ...................................................................................................................................................................... 23 DUE DATES .......................................................................................................................................................... 24 SALES TAX, LODGER’STAX, USE TAX ......................................................................................................................................... 24 OCCUPATIONAL PRIVILEGETAX ................................................................................................................................ 24 FACILITIESDEVELOPMENT ADMISSION (FDA) TAX .................................................................................................. 24 TELECOMMUNICATIONS BUSINESS TAX ................................................................................................................................. 24 EMERGENCY TELEPHONE CHARGE (E911) ............................................................................................................. 24 PERSONALPROPERTYTAX ............................................................................................................................................................ 25 REAL PROPERTY TAX ...................................................................................................................................................................... 25 WHERE TO GET HELP......................................................................................................................