To provide uniform methods of adding the tax, or the average equivalent thereof, to the selling price, it is the duty of the executive director of the department of revenue to formulate and promulgate after hearing appropriate rules and regulations to effectuate the purpose of sections 39-26-105 to 39-26-113.
Source: L. 35: p. 1007, § 5. CSA: C. 144, § 7. L. 37: p. 1083, § 1. CRS 53: § 138-6-7. C.R.S. 1963: § 138-5-7.
ANNOTATION
Director of revenue is vested with full authority to change a tax regulation designating the status of painting and electrical contractors so as to meet the requirements of this article wherein so doing he not violate any plain provision of this article. Craftsman Painters & Decorators, Inc. v. Carpenter, 111 Colo. 1, 137 P.2d 414 (1942).