3-4-187  Tax payments.
   A.   Except for taxpayers or tax collectors that make estimated payments in accordance with Section 3-4-188 of this chapter, every taxpayer or tax collector that is required to pay or remit an annual return tax directly to the department shall pay or remit the actual amount of tax due on or before the fifteenth day following the end of the monthly tax period (or quarterly tax period if applicable) in which the liability was incurred. The tax shall be accompanied by a payment or remittance coupon as prescribed by the comptroller.
   B.   Notwithstanding subsection A. of this section, taxpayers or tax collectors may pay or remit without penalties or interest their total liability for an annual tax year with their annual return, rather than making monthly payments (or quarterly payments where applicable), provided that (1) their total liability for such annual return tax was less than or equal to $2,400.00 for the 12-month period immediately preceding the current annual tax year and (2) they filed returns or coupons and paid or remitted amounts for such annual return tax directly to the department for the entire 12-month period immediately preceding the current annual tax year.
(Added Coun. J. 11-17-99, p. 18040, § 1.2; Amend Coun. J. 11-17-10, p. 107294, § 1; Amend Coun. J. 11-16-11, p. 13798, Art. I, § 3; Amend Coun. J. 2-22-17, p. 42587, § 1)