Sales, Use & Property Tax
Sales Tax
The Town of Superior levies sales tax on tangible personal property or taxable services that are purchased, sold, leased, or rented in the Town. The term "in the Town" includes any tangible personal property or taxable service that is provided or delivered to the purchaser within the Town of Superior limits. Superior's current sales tax rate is 3.46% of the retail purchase price of the tangible personal property or taxable services being purchased, sold, leased, rented, or otherwise consumed. Each separate and distinct sale is considered a taxable transaction. Sales tax is legally charged at the point of sale-which is where ownership changes. Therefore, if you purchase an item in an incorporated area, you will be charged tax for the Town in which you are purchasing the item. Sales tax is collected by the State of Colorado and distributed to the Town.
There is an exception to the general rule of taxation at point of ownership. Automotive vehicles, mobile machinery and self propelled construction equipment are typically based on location of residency. Also, tax applied to these purchases is use tax.
Use Tax
Use tax is a complement to sales tax. When Town sales tax is not charged, the unpaid sales tax is imposed on the purchaser as a use tax. Within Superior, use tax shall be paid and collected for construction/building materials and registered motor vehicles only. The Town's current use tax rate is 3.30%
| |
SALES TAX |
USE TAX |
| Town of Superior |
3.46% |
3.30% |
| State of Colorado |
2.90% |
2.90% |
| RTD |
1.00% |
1.00% |
| SCFD (Cultural Facilities) |
0.10% |
0.10% |
| Baseball Stadium |
0.10% |
0.10% |
| Boulder County Transportation |
0.10% |
0.10% |
| Boulder County Open Space |
0.45% |
0.45% |
| Boulder County Jail |
0.05% |
0.05% |
| Boulder County Worthy Cause |
0.05% |
0.05% |
TOTAL |
8.21% |
8.05% |
Property Tax
Two types of property are valued and assessed taxes by the Boulder and Jefferson County Assessor's Office: 1) "Real Property" (Land and Buildings) and 2) "Personal Property" (Business Machines and Equipment). Once market values are established, the Assessor's Office computes the assessed valuation of property based on state-legislated assessment percentages. Property tax due equals the assessed valuation times the mill levy divided by 1,000.
Town Property Tax for 2010 is 8.05 mills.
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