(A) Every person engaged in the business of the short-term lease or rental of vehicles at retail to customers shall collect at the time of the lease or rental the tax herein levied, place the tax so collected in a segregated account, and thereafter remit the tax to the Tax Administrator in accordance with the provisions of this subchapter. The taxpayer shall include a provision in each retail short-term lease or rental agreement stating that 1.5% of the total lease or rental price, excluding sales tax, is being charged as a tax on gross receipts. The amount of the tax shall be stated separately from the lease or rental and shown separately on the taxpayer's records. The customer shall pay the tax to the taxpayer as trustee for and on account of the town. The taxpayer shall be liable for the collection thereof and for its payment to the Tax Administrator, and the taxpayer's failure to charge or to collect the tax from the customer shall not affect the liability.
(B) The taxes collected under this subchapter are not subject to sales tax. The taxes collected under this subchapter belong to the town and are not subject to creditor liens against the taxpayer.
(Ord. 2004-03, passed 9-14-2004)