CO HB1295

Authorizes Colorado to require remote sellers to collect and remit state and local sales taxes upon enactment of federal "Marketplace Fairness Act of 2013"

Defines "remote sale" and "remote seller" and requires remote sellers to register for a single license while providing single-form reporting to the Department of Revenue

Establishes that remote sellers collect state sales tax at rates specified in section 39-26-106 plus local sales taxes levied by local taxing jurisdictions that opt into the system

Creates a central audit bureau as the sole entity authorized to audit remote sellers and requires the Department of Revenue to administer collection, enforcement, and monthly distribution of local sales taxes at no charge

Provides 90-day advance notice requirement for tax rate changes, free software for tax calculation and filing, and liability protections for retailers and software providers using Department of Revenue-provided information