All persons, groups, organizations or businesses, as identified in § 35.61 above, must file a monthly report in a manner and on a form prescribed by the County Treasurer.
(A) The report shall be filed with the County Treasurer on or before the twentieth day of every month for the previous month, and covering a period beginning on the first day of the previous month and ending on the last day of the previous month. A report must be filed, regardless of any funds or taxes collected.
(B) A report shall be filed, regardless of whether any funds were collected and taxes are due.
(C) Any tax payments shall be remitted with the report.
(D) Any late fee and interest shall be remitted with the report.
(E) Any filing received, or United States postmarked, after the twentieth day following the reporting period, shall be deemed late, and shall be charged the following interest and penalties.
(1) A late fee of 10% of the tax due per month (or daily fraction thereof) shall be assessed. The minimum late fee assessed shall be not less than $25.
(2) An interest charge of 7% per annum on all late remittances shall be assessed.
(F) For the purpose of verifying information, the Treasurer may require the submission of certified copies of other state and federal tax documents.
(G) All funds collected pursuant to this section shall be maintained in a separate account.
(H) All host participants in internet-brokering arrangements to rent rooms, houses, farms, cabins, campsites, dwellings, recreational vehicles with companies such as Air BNB, VRBO, or similar type businesses shall register with the County Treasurer, providing the precise location of their rental-type unit(s), along with their tax identification numbers, for the individual or company receiving the income from the rental-type unit(s).
(1) The host participant shall be required to file all reports and comply with all sections of this subchapter.
(2) However, if the internet-brokering service enters into an enforceable written agreement with the County Fiscal Court to report, collect and remit the taxes imposed by this subchapter, then the host participant shall be excepted from the reporting requirements of this subchapter.
(Ord. 2019-09, passed 8-21-2019; Ord. 2022-09, passed 11-21-2022) Penalty, see § 35.99