Tax Information

  1. Cigarette Tax
  2. Sales Tax
  3. Lodging Tax

City of Aspen's Cigarette Tax

This tax is in addition to the standard 2.4% City sales tax.  Therefore, please continue to collect and remit the existing City sales tax on these products – this does not change. 

 The new tax is structured such that on January 1, 2018: 

  • Each cigarette sold will generate an additional $0.15 in tax ($3.00 per pack of 20) 
  • All other tobacco or nicotine product (excluding FDA approved cessation products) will generate a 40% tax on the retail price.   
  • Additionally, all delivery products (e-cigarettes, e-cigars, vape pens, e-hookah, etc.) packaged with tobacco or nicotine product or even by themselves shall also require the 40% tax to be applied at the time of sale. 

This tax will be collected at the point of sale, which is different than the State required 84 cents per pack which is collected at the wholesaler/distributor level. 

  • Local businesses will therefore likely need to address changes to their POS system to capture the quantity of cigarettes sold, as well as to identify all other tobacco or nicotine products and delivery devices for which to apply the 40% tax. 

Applications for City of Aspen retail tobacco sales licenses will be distributed in early December.  As part of your licensing agreements, local business selling tobacco products must adhere to the stipulations.  

  1. Real Estate Transfer Tax
  2. Use Tax

Wheeler Opera House Real Estate Transfer Tax & Housing Real Estate Transfer Tax

These taxes are due on the purchase of all real property (land, buildings, condos, townhomes, etc.) within the city limits of Aspen. They are submitted and paid to the City Cashier in the Finance Department prior to recording the purchase deed at the Pitkin County Clerk and Recorder's Office.

There Are Two Separate RETTs Totaling 1.5%

  1. Wheeler Opera House Real Estate Transfer Tax (WRETT) of 0.5%
    • The Actual Cash Consideration is taxed at the WRETT rate of 0.5%
  2. Housing Real Estate Transfer Tax (HRETT) of 1.0
    • The first $100,000 of the transaction is deducted prior to applying the HRETT rate of 1.0%.  (Total Consideration - $100,000 X 0.01)

RETT Forms

Frequently Asked Questions

Find answers to frequently asked Real Estate Transfer Tax questions.