The cannabis retailer tax imposed by this chapter shall be imposed on a fiscal year basis and shall be due and payable in quarterly installments as follows:
(A) The owner(s) or manager(s) of each cannabis retailer shall, on or before the last day of the month following the close of each fiscal year quarter, prepare and submit a tax statement on the form prescribed by the Tax Administrator and remit to the Tax Administrator the tax due. The tax due shall be no less than the quarterly installment due, but the taxpayer may prepay any amount of tax at any time.
(B) Tax statements and payments for all outstanding taxes owed the city are immediately due to the Tax Administrator upon cessation of a cannabis retailer for any reason.
(Ord. 1501, passed 4-5-23)