Form Dr 1481 - Heavy Truck Sales Tax Return
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1DR 1481 (05/11/04) WEB
COLORADO DEPARTMENT OF REVENUE
TAXPAYER SERVICE DIVISION
HEAVY TRUCK SALES
1375 SHERMAN ST
DENVER CO 80261-0009
(303) 238-SERV(7378)
TAX RETURN
INSTRUCTIONS
Line 1:Enter the heavy truck sales amount from Line 7 “Itemized
Pursuant to C.R.S. 39-26-106 (3) (a) effective July 1, 2001, the
Deductions and Exemptions” section of the DR 0100.
state sales tax rate of 2.9% has been reduced to one one-
hundredth of a percent (.01%) on the sale or lease of a new or
Line 2:The sales tax rate will be preprinted on the return.
used commercial truck, truck tractor, semi trailer or a vehicle used
in combination. In order to qualify for the reduction in state sales
Line 3: Enter the tax by multiplying tax rate times amount on Line 1.
tax the vehicle must have a gross vehicle weight rating in excess
of 26,000 pounds.
Line 4:Enter the Service Fee by multiplying the amount on Line 3
times 2.33%. The Service Fee is only allowed when the
The vehicle must have been invoiced or the lease signed on or
after July 1, 2001. The state sales tax reduction will remain in
return is filed and paid by the due date.
place until June 30, 2002.
Line 5: Enter the sales amount due by subtracting Line 4 from Line 3.
The sales tax rate reduction applies only to state sales tax. Local
Line 6:Penalty of 10% of the tax due should be added when the
sales taxes are not affected and these rates do not change.
return is not filed and paid by the due date. If applicable,
multiply Line 3 by 10% and enter the amount due.
All motor vehicle sales, including heavy truck sales, will continue
to be reported on the DR 0100 “Combined Retail Sales Tax Return”,
Line 7:Interest and penalty interest is due when the return is not
Line 1 “Gross Sales and Service”. The heavy truck vehicle sales
filed and paid by the due date. If applicable multiply Line 3
are reported as an exemption in section 3b on Line 7. This same
amount is also reported on line 1 of the DR 1481.
by the current statutory rate preprinted on the return.
Line 8:Total Lines 5, 6, and 7 and enter amount due.
If you have questions regarding the completion of this return,
please send an e-mail to taxadministration@spike.dor.state.co.us
Please keep a copy for your records.
MAKE CHECK PAYABLE TO COLORADO DEPARTMENT OF REVENUE
INCLUDE THE ACCOUNT NUMBER ON YOUR CHECK TO ENSURE PROPER CREDIT
DETACH FORM
ON THIS LINE
MAKE A COPY FOR YOUR RECORDS
MAIL COMPLETED FORM WITH PAYMENT TO THE COLORADO DEPARTMENT OF REVENUE
4
HEAVY TRUCK SALES
DR 1481 (05/11/04) WEB
COLORADO DEPARTMENT OF REVENUE
TAX RETURN
Account Number
Period
Due Date
Dealer Number
Name
0030-100
.00
1. Truck sale or lease amount
2. Tax Rate
.00
3.
Tax
.00
4. Service Fee Rate X 2.33%
.00
5. Sales Tax Due (line 3 minus line 4)
(100)
.00
(200)
6. Penalty
(300)
.00
7. Interest
$
00
(355)
8. TOTAL DUE
•
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