Every owner of a short-term rental shall file a tax return showing tax receipts with respect to each 24-hour period that the short-term rental is utilized by a guest. The returns and remittances shall be filed for each calendar year quarter and shall be due on or before the last day of the first month following the last month of the quarter. The return shall be on a form prescribed by the City Collector. At the time of filing the returns, the owner shall pay over to the Director of Revenue all taxes due for the period to which the tax applies. Any owner who fails to file his or her returns when and as required shall also pay a penalty of 5% of the amount of the tax. In the event that an owner files the required return at the time specified herein but fails to pay the tax or part thereof when due, a penalty of 5% of the amount of unpaid tax shall be added thereto.
(Ord. 23-27, passed 12-12-2023)