Colorado ranks among the top-20 states (18th) for best corporate tax system and business-friendly tax climate according to the Tax Foundation's 2018 State Business Tax Climate Index.

Occupational Taxes

Five cities in Metro Denver assess an occupational tax on all people working in that city who earn a determined amount in monthly salary.

Cities not on the list below do not assess an occupational tax. The occupational tax is shared by the employer and the employee, as indicated below: 

Metro Denver Occupational Taxes
City If monthly salary greater than Monthly Amount Paid Per Worker by:
Employer Employee
Aurora $250 $2.00 $2.00
Denver $500 $4.00 $5.75
Glendale $750 $5.00 $5.00
Greenwood VIllage $250 $2.00 $2.00
Sheridan $500 $3.00 $3.00