(A) The taxes imposed by this subchapter must be paid by the operator to the city monthly not later than 25 days after the end of the month in which the taxes were collected. At the time of payment the operator must submit a return upon such forms and containing such information as the director may require. The return must contain the following minimum information:
(1) The total amount of rent collected for lodging during the period covered by the return.
(2) The amount of tax required to be collected and due for the period.
(3) The signature of the person filing the return or that of the agent duly authorized in writing.
(4) The period covered by the return.
(5) The amount of uncollectible rental charges subject to the lodging tax.
(B) The operator may offset against the taxes payable with respect to any reporting period, the amount of taxes imposed by this subchapter previously paid as a result of any transaction the consideration for which became uncollectible during such reporting period, but only in proportion to the portion of such consideration which became uncollectible.
('72 Code, § 285:25) (Ord. 1986-536(A), passed 7-28-86)