In the News

Colorado Bill Sponsors Strike Several Tax-break Rollbacks, Pass Wide-reaching Reform Bill

That’s not to say business leaders didn’t fight the bill. Loren Furman, senior vice president of the Colorado Chamber of Commerce, said a provision changing the definition of what constitutes taxable property in regard to software — a clause that would clarify that streaming services like Spotify or Netflix can be taxed even as Netflix is suing the state over its current practice of doing so — would scare away software companies considering locating here. Insurance executives warned jobs would flee to more tax-friendly adjoining states as well.

Read the complete article by Ed Sealover in the Denver Business Journal.