BNA Bloomberg – Colorado Bill Would Zap Reporting Rules for E-Retailers
NetChoice is pushing a bill that would repeal the state requirement, which has been embroiled in legal battles since its enactment in 2010, that certain remote sellers report information about consumer purchases to the state Department of Revenue, according to a draft version of the bill obtained by Bloomberg BNA March 16.
“This bill protects the privacy of Colorado citizens,” Amy G. Stephens, principal with Dentons US LLP and a lobbyist for NetChoice, told Bloomberg BNA March 16. “This takes it out of the hands of the Department of Revenue. Sorry, big brother.”
Stephens said the 2017 bill, if approved, would shift the burden of paying taxes on remote sales from out-of-state companies to Colorado consumers. “This way, Colorado citizens keep their personal information private and fulfill their responsibility to pay online sales tax with the information retailers send them,” she said.
She said the bill’s chances of passage are good in the Senate, where it is being carried by Sen. Chris Holbert (R), the Senate Majority Leader.