Colorado DOR Issues Revised Firearms, Ammunition Tax Guide

The Colorado Department of Revenue (DOR) published a revised Colorado Firearms and Ammunition Tax Guide providing guidance on the state’s 6.5 percent excise tax imposed on vendors’ net taxable sales of firearms, firearm precursor parts, and ammunition sold at retail in Colorado. All ammunition vendors, firearms dealers, and firearms manufacturers conducting business in Colorado must register for an excise tax account and file monthly returns by the 20th of the following month, with electronic filing and payment required through Revenue Online, though vendors without a Colorado physical location are exempt if their annual retail sales into Colorado remain under $20,000 ...