9% SHORT-TERM RENTAL TAX
The new short-term rental (STR) tax of 9% is in effect starting January 1, 2023 per City of Steamboat Springs adopted ordinance.
For more information, see the full media release.
SALES TAX LICENSE
Steamboat Springs’ sales tax is levied on tangible personal property and taxable services that are purchased, sold, leased or rented within the City of Steamboat Springs. The City of Steamboat Springs is a home rule municipality with its own Municipal Code, collecting its own sales tax. The current tax rates are as follows:
|City Sales Tax||Remit to City||4.0%|
|School Tax||Remit to City||0.5%|
|State of Colorado||Remit to State||2.9%|
|Routt County||Remit to State|
|Total Combined Tax Rate||8.4%|
|Accommodations Tax||Remit to City|
|Total Combined Tax Rate on Accommodations||9.4%|
|Short-Term Rental Tax||Remit to City||9.0%|
|Total Combined Tax Rate on STR||18.4%|
|LMD Accommodations Tax||Remit to State||2.0%|
|(Rentals within the Local Marketing District)|
|Total Combined Tax Rate on LMD Accommodations||20.4%|
Sales Tax Forms & Info
Online Sales Tax Filing
Sales tax returns can be filed and paid online through:
2. Colorado Sales and Use Tax (SUTS)
SENIOR SALES TAX REBATE - APPLICATION FORM
Upon yearly application to the city treasurer, a two hundred-dollar ($200) sales tax rebate shall be made available to each individual who, prior to such application, has been a resident of the city for at least one year, who is at least sixty-two (62) years of age or who is certified by a licensed physician of the state to be one hundred (100) percent disabled and who meets the low income adjusted income limit for one person (or two (2) persons if a joint federal income tax return is filed) as published by the Farmers Home Administration/Housing and Urban Development (HUD) for Routt County, with the exception that individuals who had participated in the program prior to January 1, 1998, will be allowed to continue provided that they continue to meet the residency requirement.
Participants in the program must be able to demonstrate that they meet the requirements when making application for the new year. The city treasurer shall prescribe the necessary forms and proof requirements sufficient to make a reasonable determination of qualification.
CONSTRUCTION USE TAX
Steamboat Springs’ construction use tax is levied on all construction materials for use or consumption within the City of Steamboat Springs. This includes all materials, fixtures, fabrication labor, and charges to effect delivery.
Construction use tax is collected through the building permit process. An estimated deposit for construction use tax is paid when a permit is obtained, computed by taking 50% of the estimated cost of construction times the current rate of tax. At the end of the project a reconciliation is completed to ascertain the actual tax liability for construction materials.
There are two reconciliation options available to the Contractor:
- Simplified Use Tax Reconciliation – based on 50% of the total project cost applying the same calculation used to determine the initial deposit. To receive a refund, a Comprehensive Use Tax Reconciliation must be used.
- Comprehensive Use Tax Reconciliation – based on actual costs of materials and fixtures including materials used by subcontractors with consideration for purchases on which City of Steamboat Springs sales tax was paid.
Construction Use Tax Forms & Info
EXCISE TAX ON CONSTRUCTION
Steamboat Springs’ excise tax on construction helps defray the costs of capital improvements and infrastructure. Excise tax is levied at a rate of 1.2% of the construction value and is collected through the building permit process.
VEHICLE USE TAX
Steamboat Springs’ vehicle use tax is levied on all automotive vehicles, mobile machinery, and self-propelled construction equipment for use or storage within the City of Steamboat Springs. The tax is levied on the purchase price paid and is collected through the vehicle registration process with the Routt County Motor Vehicle Department.
VOLUNTARY DISCLOSURE AGREEMENT
Steamboat Springs has a voluntary disclosure program. Please contact a city sales and use tax auditor to begin the process.
The City of Steamboat Springs has published the preliminary October 2023 Sales, Use, Accommodation, and Short-Term Rental (STR) Tax Report. Read on...
The City of Steamboat Springs has published the Final September 2023 Sales, Use, Accommodation, and Short-Term Rental (STR) Tax Report. Read on...