Construction Use Tax
July 1, 2010 - Boulder Resumes Tax Reconciliation Requirements for Construction Projects
Expectations Regarding Reconciliations
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PERMIT ISSUED (Date permit placard is picked up)
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RECONCILIATION REQUIRED
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AUDIT MAY BE CONDUCTED
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FORMS AND INSTRUCTIONS
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June 1, 2006 – June 30, 2009
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NO
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NO
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N/A
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July 1, 2009 – June 30, 2010
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Voluntary Reconciliation
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NO
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July 1, 2010 and Forward:
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- Final contract price and final project cost is less than $20,000
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NO
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NO
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Permits Issued July 1, 2010 through Dec. 31, 2010
Permits Issued Jan. 1, 2011 and forward
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- Final contract price or final project cost is $20,000 or more
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Yes
Within 90 Days from the completion of the project
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YES
(However, on-time submission of reconciliation can result in a “Closed” status and “Closed” status means no audit will be conducted.)
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Last Updated on Monday, 14 January 2013 12:28
Construction Use Tax