All businesses in Lone Tree, including certain home-based businesses, are required to register with the City of Lone Tree and acquire a Business License. Business-only licenses do not expire and require no renewal.
Business Retail Sales/Use Tax Licenses are renewed on an biennial basis, every even number year. New businesses are required to submit an application prior to opening.
The current City of Lone Tree Sales Tax rate is 1.8125%.
City of Lone Tree Code Sec. 4-3-210(9) allows for the exemption from sales tax on "All sales or leases of automotive vehicles upon which a specific ownership tax is paid or required to be paid."
The City of Lone Tree collects a 6.0% Lodging Tax upon the renting or leasing of lodging accommodations in the City for less than sixty consecutive days.
The City of Lone Tree collects a 4.0% Admission Tax on every person who pays to gain admission to any place or event open to the public.
The City of Lone Tree collects a 1.8125% Use Tax upon the purchase of any tangible property on which sales tax was not paid.
What is Use Tax has examples of how use taxes are applied, but generally, if your company purchases an item which is used, stored, or consumed in Lone Tree and does not pay Lone Tree sales tax, use tax is due.