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Taxes
Colorado offers a very
business-friendly tax structure:
*Very low taxes at the state level
*Among the lowest unemployment insurance premiums in the country
*Low union membership rates
*Colorado exempts sales tax for manufacturing equipment and machinery over
$500
*No franchise or inventory taxes
*Colorado's economic climate has earned straight A's for 8 consecutive years
from the prestigious Corporation for Enterprise Development. No other state
has received straight A's for more than 2 consecutive years.
Montrose County
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Personal Income Tax |
4.63% |
Colo. Dept. of Revenue |
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Colorado Corporate Income Tax |
4.63% |
Colo. Dept. of Revenue |
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Sales Tax |
State of Colo. 2.90% |
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City of Montrose 3.5% |
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Montrose County 1.75% |
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Property Tax
Commercial Rate |
Commercial, Industrial, and
vacant land properties are assessed at 29% of market
value. A typical mill levy in Montrose County is 65.00
mills. Example: market value: $400,000 x; assessment
rate: 29% = assessed value $116,000 x mill levy .065 =
estimated tax $7,540. |
Montrose County Assessors Office |
Property Tax
Residential Rate |
Residential property is assessed in the State of
Colorado at approximately 7.96% percent of market value.
A typical mill levy in Montrose County is 65.00 mills.
Example: market value: $180,000 x assessment rate:
7.96%=assessed value $14,328 x mill levy .065 =
estimated tax $931. |
Montrose County Assessors Office |
Important
Business Tax Links
Colorado Dept of Revenue
Colorado Tax Forms
Colorado Business Resource Guide
Unemployment Compensation Rate
Worker's Compensation Insurance
Labor Force
Industry Base
Infrastructure
Business Assistance
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