(A) Payment of the hospitality tax established in this subchapter shall be the liability of the consumer for the services for items described in § 35.10. The hospitality tax shall be paid at the time of delivery of the services or items for which the hospitality tax applies and shall be collected by the provider or seller of the items. The hospitality tax collected by the seller or provider of the items as required under § 35.10 shall be remitted to the town as follows:
(1) On a monthly basis when estimated amount of average collection is more than $50 per month (annual gross revenue in excess of $20,000).
(2) On a quarterly basis when the estimated amount of average collections is between $25 and $50 per month (annual gross receipts between $10,000 and $20,000).
(3) On an annual basis when the amount of average collection is less than $25 per month (annual gross receipts less than $10,000).
(B) Total collections and required reports shall be submitted to the town by the 20th day of the month and shall cover sales for the previous month. A copy of the completed South Carolina State Sales and Use Tax Return Form (Form ST-3) shall be attached along with the required reports. Payments covered under the provisions of division (A)(2) above shall be postmarked quarterly by the 20th day of January, April, July and October for the previous quarterly sales or annually by January 20th for the calendar year sales as provided in division (A)(3) above. Any collections not remitted by the above stated deadlines shall be subject to a penalty of 5% of the unpaid amount for each calendar month or portion thereof after the due date until paid. The failure to collect from patrons the amount imposed by this subchapter shall not relieve any establishment subject to this subchapter from making the required remittance.
(Ord. 06-02, passed 5-1-06) Penalty, see § 35.99