{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2F40261486-dd53-4e25-881d-a2cf80f3d93c","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"","title":"SUTS in Flux, Part 1","description":"In this episode, Judy Vorndran, Tram Le and Connie Zoerink from TaxOps\u2019 SALTovation Team, talk about Colorado\u2019s Sales and Use Tax System (SUTS) and some of the challenges and risks they are seeing with this system.\r\n\n \r\n\nWhat You Will Discover:\r\n\n[00:27] What is SUTS\r\n\n[01:26] What is a home rule\r\n\n[03:47] How it logically works\r\n\n[04:40] Challenges and risks\r\n\n[07:33] Risks with historic nexus\r\n\n\n \r\n\nQuotables:\r\n\n \r\n\n\u201cWe truly don\u2019t know how it\u2019s going to roll out, because not all cities are on SUTS. I think we have 17 out of the 71 cities that haven\u2019t signed on or haven\u2019t finalized their agreement to participate. So I think that can get pretty complicated at this point if there are taxpayers who are interested and ready to sign on and make it less complicated.\u201d -Tram Le [04:40]\r\n\n\u201cIt\u2019s important to talk to an expert before you go out and register all these cities through SUTS and make you sure understand who the cities are and references.\u201d -Judy Vorndran [06:38]\r\n\n\u201cIf you register on SUTS using your perspective registration date going forward from today say, there could be a historic nexus issue, and so we\u2019re just concerned that taxpayers may be audited or there may be some issues raised with that where there could be some big money involved with that.\u201d -Connie Zoerink [08:03]\r\n\n\n \r\n\nRelevant Links:\r\n\nDR 1002 - Colorado Sales/Use Tax Rates\r\n\nDR 0800 - Location/Jurisdiction Codes for Sales Tax Filing\r\n\n","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/b0817cf6-13b6-48fb-84fd-ad3abe3107d1/salt-1-bpay1.jpg"}