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News & Press: Colorado Technology Industry

Denver tech community fighting controversial tax on software services

Wednesday, July 2, 2014   (0 Comments)
Posted by: Megan Ryan
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Denver tech community fighting controversial tax on software services
as reported in the Denver Post by Andy Vuong

Software startup Cloud Elements, which relocated its headquarters to Denver from Centennial about two weeks ago, is considering moving back.

Boulder-based TalentRiot recently scrapped plans to move its team of 16 to Denver.

The mayor of Colorado Springs last week called Denver's Spire Media and 303 Software in an effort to lure them out of the Mile High City.

The developments are a result of the recent revelation that Denver charges a 3.62 percent sales tax on software services such as mobile app and Web development. Most other cities in the metro area, and many of the nation's prominent technology hubs, consider the services to be tax-exempt.

Executives from each of those companies joined about 30 others in a meeting with Denver officials Tuesday to express their concerns and push for change...

View complete article on the Denver Post


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