(a) If any commonly controlled entity collects the tax imposed by or under this chapter and fails to remit the same to the City as prescribed, it shall be liable for any amount collected which it failed to remit. The Director may make an assessment against such entity based upon any information in the Director's possession.
(b) The Director shall provide the commonly controlled entity written notice of any assessment. Such notice may be served upon the vendor or transient guest personally or by registered or certified mail.
(c) The Director may make an assessment against any commonly controlled entity that fails to file a return required by this chapter or fails to remit the proper amount of tax in accordance with this chapter.
(d) Unless the commonly controlled entity to whom the notice of assessment is directed files, within thirty days after service thereof, either personally or by registered or certified mail a petition in writing verified under oath by a representative of the commonly controlled entity, setting forth with particularity the items of such assessment objected to, together with the reasons for such objections, the assessment shall become conclusive and the amount thereof shall be due and payable, from the commonly controlled entity so assessed, to the Director. When a petition for assessment is filed, the Director shall assign a time and place for the hearing of the same and shall notify the petitioner thereof by registered or certified mail, but the Director may continue the hearing, from time to time, if necessary.
(e) A penalty of fifteen percent shall be added to the amount of every assessment made under this chapter. The Director may adopt and promulgate rules and regulations providing for the remission of penalties added to assessments made under this chapter.
(f) When any commonly controlled entity files a petition for reassessment as provided in this chapter, the assessment made by the Director, together with penalties thereon, shall become due and payable within three days after notice of the finding made at the hearing has been served, either personally or by registered or certified mail, upon the party assessed.
(Ord. 2022-15. Passed 9-6-22.)