A. Ever producer, except as hereinafter provided, conducting a place of amusement on or before the 10th day of each month after the effective date of this Part shall transmit and file with the Tax Administration Office, on the form prescribed, a completed and accurate report of the amount of tax collected by the producer during the preceding month together with payment of taxes due.
(1) In the case of a producer whose tax is calculated pursuant to § 549-704A(1) above, if such producer reports its gross receipts to its franchiser, licensor or other party or entity as described therein on a quarterly, annual or other basis less frequently than monthly, then the monthly report required to be transmitted and filed by such producer with the Tax Administration Office shall report, and the tax payable with respect to such month shall be based on the producer's gross receipts for the relevant month, calculated on the basis described in § 549-704A(1), with a further filing and tax reconciliation based upon the actual quarterly, annual or other report actually submitted by such producer to the franchiser, licensor or other party or entity.
B. Every producer conducting a temporary or itinerant amusement shall file a report on the form prescribed, with the Tax Administration Office, together with payment of taxes due, within 10 days of the completion of each such amusement.
C. All taxes due and payable for permanent amusement(s) but unpaid on the 10th day of the following month shall bear interest at the legal rate until paid. All taxes due and payable for temporary or itinerant amusement(s) but unpaid on the 10th day following completing thereof shall bear interest at the legal rate until paid.
D. Any producer who neglects or refuses to file monthly reports and/or pay taxes legally due as required herein shall be assessed a penalty in the amount of 10% per annum of the amount of tax due, in addition to interest otherwise payable as provided hereinabove.
E. All amounts of tax, interest and penalties due shall be recoverable by the City of Reading in the same manner as other debts due the City are by law recoverable.