§ 121.117 PAYMENT OF REGULATORY LICENSE FEE.

   (A)   The regulatory license fees as established hereunder shall be paid on a monthly basis, and the monthly payment of such fees shall be accompanied by tax returns approved for use by the City ABC Administrator and the City Clerk.  The monthly tax return forms shall be submitted to the local ABC Administrator by the twentieth day of each month to indicate the preceding month’s sales.  An amount equal to one-twelfth of the annual license fees required for each licensee under this chapter may be deducted each month as a credit to the monthly regulatory license fee required.

   (B)   Failure to pay such monthly remittance as set forth above in § 121.115 and § 121.116 within ten days of the due date constitutes a violation of this chapter and subjects the licensee to suspension or revocation of all licenses issued pursuant to this chapter.

   (C)   The penalty for failure to file the required tax return and pay monthly remittance of the regulatory license fee by the due date indicated above shall be 20% of the regulatory license fee due.

   (D)   Interest on unpaid regulatory license fees due shall be calculated at the rate of 12% per annum.

(Ord. 2009-006, passed 7-6-09)