Town News

Penalties & Interest Waived on Late Remittance of Sales Tax in April & May

During the April 14, 2020 Town Council meeting, an emergency ordinance was passed to waive penalties and interest for sales taxes collected on behalf of the Town of Frisco and not remitted on their due dates of April 20, 2020 and May 20, 2020. Penalties and interest will be waived provided that sales taxes due on April 20, 2020 and May 20, 2020 are paid in full to the Town of Frisco on or before July 1, 2020. After that, any taxes not remitted shall accrue penalties and interest. This ordinance only applies to Town of Frisco sales tax and not to sales tax owed to the State of Colorado. Any business able to remit the sales tax they collected on behalf of the Town of Frisco on time is encourage to do so.