A. The taxes collected by an operator are payable to the Tax Administrator on a quarterly basis on the fifteenth day of the following month for the preceding three (3) months and are delinquent on the last day of the month in which they are due. The initial return may be less than the three (3) months preceding the due date. The quarters are:
1st quarter | July, August, September |
2nd quarter | October, November, December |
3rd quarter | January, February, March |
4th quarter | April, May, June |
B. A return showing tax collections for the preceding quarter shall be filed with the Tax Administrator, on a form prescribed by the Tax Administrator, before the sixteenth day of the month following each collection quarter.
C. The operator may withhold ten percent (10%) of the tax to cover the expense of collecting and remitting the tax.
D. Returns shall show the amount of tax collected or due for the related period. The Tax Administrator may require returns to show the total rentals on which the tax was collected or due, gross receipts of the operator for the period, a detailed explanation of any discrepancy between the amounts, and the amount of rentals exempt.
E. The operator shall deliver the return and the tax due to the Tax Administrator's office. If the return is mailed, the postmark shall be considered the date of delivery for determining delinquencies.
F. For good cause, the Tax Administrator may extend the time for filing a return or paying the tax for not more than one month. Further extensions may be granted only by the Tax Review Committee. An operator to whom an extension is granted shall pay interest at the rate of five-tenths of one percent (0.5%) per month on the amount of tax due, without proration for a fraction of a month. If a return is not filed and if the tax and interest due are not paid by the end of the extension granted, the interest shall become a part of the tax for computation of the penalties prescribed in Section 3-3-9 of this Chapter.
G. The Tax Administrator may require returns and payment of the taxes for other than quarterly periods in individual cases to ensure payment or to facilitate collection by the City. (Ord. 493-92, 4-13-92)