us-co/statute/39/39-26-103.5 — Qualified purchaser - direct payment permit number

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us-co/statute/39/39-26-103.5 — Qualified purchaser - direct payment permit number - qualifications · Axiom

(1) The executive director of the department of revenue may issue a direct payment permit number to any person that submits an application to the executive director demonstrating that:

(a)For the preceding twelve-month period, such person has…#

(a) For the preceding twelve-month period, such person has purchased in Colorado in the aggregate at least seven million dollars of commodities, services, or tangible personal property that are subject to the tax imposed by this article. Purchases of commodities or tangible personal property to be erected upon or affixed to real property, including, but not limited to, building and construction materials and fixtures, shall be excluded from the aggregate total of purchases of commodities, services, or tangible personal property described in this paragraph (a).

(b)(I) Except as provided in subsection#

(b) (I) Except as provided in subsection (2) of this section, if such person has been subject to the collection, remittance, or reporting requirements imposed by this article or any other article in this title administered by the department of revenue for the preceding three years, such person timely filed the required returns and timely remitted the tax shown due on such returns during said three-year period; or

(II) If such person has been subject to the collection, remittance, or reporting requirements imposed by this article or any other article in this title administered by the department of revenue for less than the three preceding years, for the period beginning on the date when such person became subject to such requirements, such person timely filed the required returns and timely remitted the tax shown due on such returns; and

(c)Such person has in place an accounting system,…#

(c) Such person has in place an accounting system, acceptable to the executive director of the department of revenue, that will enable the department to fully and accurately collect and allocate to municipalities, counties, and other local taxing entities all sales taxes that the department collects for such municipalities, counties, and other local taxing entities.

(2) The executive director may waive the requirements of paragraph (b) of subsection (1) of this section if the person submitting the application can show that any failure to comply with such collection, remittance, or reporting requirements was due to reasonable cause.

(3) Nothing in subsection (1) of this section shall be construed to require that a person must be subject to the collection, remittance, or reporting requirements imposed by this article in order to obtain a direct payment permit number.

(4) A person shall become a qualified purchaser upon receipt of a direct payment permit number.

(5) A direct payment permit number shall be in force and effect until December 31 of the third year following the year in which it is issued, unless sooner revoked. Such permit number shall be granted or renewed only upon the filing of an application stating the information described in subsection (1) of this section.

(6) The executive director of the department of revenue may revoke the direct payment permit number of a qualified purchaser that has violated any provision of this article. The executive director shall give a notice of revocation to such qualified purchaser by first-class mail pursuant to section 39-21-105.5. Any such revocation may be appealed by the qualified purchaser within thirty days of receipt of the notice of revocation together with a request for a hearing on such revocation before the executive director or the executive director's designee. The executive director shall promulgate rules specifying the procedures for a revocation appeal hearing. A revocation appeal hearing shall take place within a reasonable time after receipt of the request for hearing by the executive director. The executive director shall issue a finding upholding the revocation or reinstating the direct payment permit number within a reasonable time after the revocation appeal hearing.

in view

Whole section

Encodings · 9

eligible_purchase_review_period_monthsCO 39 § 39-26-103.5 · parameter

C.R.S. 39-26-103.5(1)(a)

name: eligible_purchase_review_period_months
kind: parameter
dtype: Count
source: C.R.S. 39-26-103.5(1)(a)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us-co/statute/39/39-26-103.5
          excerpt: For the preceding twelve-month period
versions:
  - effective_from: '0001-01-01'
    formula: '12'

eligible_purchase_amount_thresholdCO 39 § 39-26-103.5 · parameter

C.R.S. 39-26-103.5(1)(a)

name: eligible_purchase_amount_threshold
kind: parameter
dtype: Money
unit: USD
source: C.R.S. 39-26-103.5(1)(a)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-26-103.5
          excerpt: at least seven million dollars
versions:
  - effective_from: '0001-01-01'
    formula: '7000000'

compliance_history_review_yearsCO 39 § 39-26-103.5 · parameter

C.R.S. 39-26-103.5(1)(b)

name: compliance_history_review_years
kind: parameter
dtype: Count
source: C.R.S. 39-26-103.5(1)(b)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us-co/statute/39/39-26-103.5
          excerpt: for the preceding three years
versions:
  - effective_from: '0001-01-01'
    formula: '3'

permit_term_years_following_issuanceCO 39 § 39-26-103.5 · parameter

C.R.S. 39-26-103.5(5)

name: permit_term_years_following_issuance
kind: parameter
dtype: Count
source: C.R.S. 39-26-103.5(5)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us-co/statute/39/39-26-103.5
          excerpt: >-
            December 31 of the third year following the year in which it is
            issued
versions:
  - effective_from: '0001-01-01'
    formula: '3'

revocation_appeal_deadline_daysCO 39 § 39-26-103.5 · parameter

C.R.S. 39-26-103.5(6)

name: revocation_appeal_deadline_days
kind: parameter
dtype: Count
source: C.R.S. 39-26-103.5(6)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us-co/statute/39/39-26-103.5
          excerpt: within thirty days of receipt of the notice of revocation
versions:
  - effective_from: '0001-01-01'
    formula: '30'

eligible_purchase_volume_requirement_satisfiedCO 39 § 39-26-103.5 · derived

C.R.S. 39-26-103.5(1)(a)

name: eligible_purchase_volume_requirement_satisfied
kind: derived
entity: Person
dtype: Judgment
period: Year
source: C.R.S. 39-26-103.5(1)(a)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-26-103.5
          excerpt: purchased in Colorado in the aggregate
      - path: versions[0].formula
        kind: exception
        source:
          corpus_citation_path: us-co/statute/39/39-26-103.5
          excerpt: >-
            Purchases ... to be erected upon or affixed to real property ...
            shall be excluded
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-26-103.5
versions:
  - effective_from: '0001-01-01'
    formula: >-
      purchase_review_period_months == eligible_purchase_review_period_months

      and eligible_colorado_purchases_excluding_real_property_items >=
      eligible_purchase_amount_threshold

compliance_history_requirement_satisfied_or_waivedCO 39 § 39-26-103.5 · derived

C.R.S. 39-26-103.5(1)(b), (2), (3)

name: compliance_history_requirement_satisfied_or_waived
kind: derived
entity: Person
dtype: Judgment
period: Year
source: C.R.S. 39-26-103.5(1)(b), (2), (3)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-26-103.5
          excerpt: >-
            timely filed the required returns and timely remitted the tax shown
            due
      - path: versions[0].formula
        kind: exception
        source:
          corpus_citation_path: us-co/statute/39/39-26-103.5
          excerpt: >-
            may waive the requirements ... if ... failure to comply ... was due
            to reasonable cause
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-26-103.5
versions:
  - effective_from: '0001-01-01'
    formula: >-
      not
      person_has_been_subject_to_collection_remittance_or_reporting_requirements

      or failure_to_comply_was_due_to_reasonable_cause

      or (years_subject_to_requirements >= compliance_history_review_years

      and timely_filed_and_remitted_for_preceding_three_years)

      or (years_subject_to_requirements < compliance_history_review_years

      and timely_filed_and_remitted_since_becoming_subject)

application_satisfies_conditions_for_discretionary_permit_issuanceCO 39 § 39-26-103.5 · derived

C.R.S. 39-26-103.5(1)-(3)

name: application_satisfies_conditions_for_discretionary_permit_issuance
kind: derived
entity: Person
dtype: Judgment
period: Year
source: C.R.S. 39-26-103.5(1)-(3)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-26-103.5
          excerpt: >-
            has in place an accounting system, acceptable to the executive
            director
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-26-103.5
versions:
  - effective_from: '0001-01-01'
    formula: >-
      eligible_purchase_volume_requirement_satisfied

      and compliance_history_requirement_satisfied_or_waived

      and
      accounting_system_acceptable_to_executive_director_and_sufficient_for_local_tax_allocation

person_is_qualified_purchaserCO 39 § 39-26-103.5 · derived

C.R.S. 39-26-103.5(4)

name: person_is_qualified_purchaser
kind: derived
entity: Person
dtype: Judgment
period: Year
source: C.R.S. 39-26-103.5(4)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: definition
        source:
          corpus_citation_path: us-co/statute/39/39-26-103.5
          excerpt: >-
            A person shall become a qualified purchaser upon receipt of a direct
            payment permit number.
versions:
  - effective_from: '0001-01-01'
    formula: person_has_received_direct_payment_permit_number

▸rulespec code

Shown source

statutes/39/39-26-103.5.yaml

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Rules

eligible_purchase_review_period_months

Parameter

source: C.R.S. 39-26-103.5(1)(a)

- name: eligible_purchase_review_period_months
  kind: parameter
  dtype: Count
  source: C.R.S. 39-26-103.5(1)(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us-co/statute/39/39-26-103.5
            excerpt: For the preceding twelve-month period
  versions:
    - effective_from: '0001-01-01'
      formula: '12'

eligible_purchase_amount_threshold

Parameter

source: C.R.S. 39-26-103.5(1)(a)

- name: eligible_purchase_amount_threshold
  kind: parameter
  dtype: Money
  unit: USD
  source: C.R.S. 39-26-103.5(1)(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-26-103.5
            excerpt: at least seven million dollars
  versions:
    - effective_from: '0001-01-01'
      formula: '7000000'

compliance_history_review_years

Parameter

source: C.R.S. 39-26-103.5(1)(b)

- name: compliance_history_review_years
  kind: parameter
  dtype: Count
  source: C.R.S. 39-26-103.5(1)(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us-co/statute/39/39-26-103.5
            excerpt: for the preceding three years
  versions:
    - effective_from: '0001-01-01'
      formula: '3'

permit_term_years_following_issuance

Parameter

source: C.R.S. 39-26-103.5(5)

- name: permit_term_years_following_issuance
  kind: parameter
  dtype: Count
  source: C.R.S. 39-26-103.5(5)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us-co/statute/39/39-26-103.5
            excerpt: December 31 of the third year following the year in which it is issued
  versions:
    - effective_from: '0001-01-01'
      formula: '3'

revocation_appeal_deadline_days

Parameter

source: C.R.S. 39-26-103.5(6)

- name: revocation_appeal_deadline_days
  kind: parameter
  dtype: Count
  source: C.R.S. 39-26-103.5(6)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us-co/statute/39/39-26-103.5
            excerpt: within thirty days of receipt of the notice of revocation
  versions:
    - effective_from: '0001-01-01'
      formula: '30'

eligible_purchase_volume_requirement_satisfied

Derived

source: C.R.S. 39-26-103.5(1)(a)

- name: eligible_purchase_volume_requirement_satisfied
  kind: derived
  entity: Person
  dtype: Judgment
  period: Year
  source: C.R.S. 39-26-103.5(1)(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-26-103.5
            excerpt: purchased in Colorado in the aggregate
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us-co/statute/39/39-26-103.5
            excerpt: Purchases ... to be erected upon or affixed to real property ... shall be excluded
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-26-103.5
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        purchase_review_period_months == eligible_purchase_review_period_months

        and eligible_colorado_purchases_excluding_real_property_items >=
        eligible_purchase_amount_threshold

compliance_history_requirement_satisfied_or_waived

Derived

source: C.R.S. 39-26-103.5(1)(b), (2), (3)

- name: compliance_history_requirement_satisfied_or_waived
  kind: derived
  entity: Person
  dtype: Judgment
  period: Year
  source: C.R.S. 39-26-103.5(1)(b), (2), (3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-26-103.5
            excerpt: timely filed the required returns and timely remitted the tax shown due
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us-co/statute/39/39-26-103.5
            excerpt: >-
              may waive the requirements ... if ... failure to comply ... was due to reasonable
              cause
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-26-103.5
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        not person_has_been_subject_to_collection_remittance_or_reporting_requirements
        or failure_to_comply_was_due_to_reasonable_cause
        or (years_subject_to_requirements >= compliance_history_review_years
        and timely_filed_and_remitted_for_preceding_three_years)
        or (years_subject_to_requirements < compliance_history_review_years
        and timely_filed_and_remitted_since_becoming_subject)

application_satisfies_conditions_for_discretionary_permit_issuance

Derived

source: C.R.S. 39-26-103.5(1)-(3)

- name: application_satisfies_conditions_for_discretionary_permit_issuance
  kind: derived
  entity: Person
  dtype: Judgment
  period: Year
  source: C.R.S. 39-26-103.5(1)-(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-26-103.5
            excerpt: has in place an accounting system, acceptable to the executive director
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-26-103.5
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        eligible_purchase_volume_requirement_satisfied

        and compliance_history_requirement_satisfied_or_waived

        and
        accounting_system_acceptable_to_executive_director_and_sufficient_for_local_tax_allocation

person_is_qualified_purchaser

Derived

source: C.R.S. 39-26-103.5(4)

- name: person_is_qualified_purchaser
  kind: derived
  entity: Person
  dtype: Judgment
  period: Year
  source: C.R.S. 39-26-103.5(4)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us-co/statute/39/39-26-103.5
            excerpt: >-
              A person shall become a qualified purchaser upon receipt of a direct payment permit
              number.
  versions:
    - effective_from: '0001-01-01'
      formula: person_has_received_direct_payment_permit_number

▸citations (1)

References

This rule cites 1 other rule.

CO 39 § 39-21-105.5inferredCO › Statutes › Title 39 › § 39-21-105.5