(A) The collection, administration and enforcement of the sales tax imposed by this subchapter shall be performed by the Executive Director of the Department of Revenue of the state in the same manner as the collection, administration and enforcement of the state sales tax. Accordingly, the provisions of C.R.S. Title 39, Articles 26 and 21 and C.R.S. Title 29, Article 2, as amended, and all rules and regulations promulgated by the Executive Director of the Department of Revenue pertaining to such collection, administration and enforcement are incorporated herein by this reference.
(B) At the time of making his or her return of the tax, as required by this subchapter, every retailer shall be entitled to subtract from the tax so remitted a sum equal to 3.334% of said tax as his or her fee, said fee to be known as the vendor’s fee.
(C) If said retailer shall be delinquent in remitting said tax, he or she shall forfeit the vendor’s fee unless good cause can be shown for such delinquent remittance.
(Ord. 2000-4, passed 11-9-2000; Ord. 2000-5, passed 11-9-2000)