(A) The tax imposed by § 5.03.052 of this article shall:
(1) Be due to the Tax Administrator at the time it is collected by the operator; and
(2) Become delinquent and subject to penalties if not received by the tax administration on or before the last working day of the month following the close of each calendar quarter.
(B) Each operator, on or before the last working day of the month following the close of each calendar quarter, shall file a return with the Tax Administrator on the forms provided by him or her of the total rents charged or chargeable as provided in § 5.03.052, whether or not received, including any rentals charged for occupancies exempt under the provisions of § 5.03.053 of this article, and the amount of tax collected for transient occupancies. Each such return shall contain a declaration under penalty of perjury, executed by the operator or his or her authorized agent, that to the best of the signer’s knowledge, the statements in the return are true, correct and complete. Amounts claimed on the return as exempt from the tax pursuant to §§ 5.03.053 and 5.03.062 of this article shall be fully itemized and explained on the return or supporting schedule. In determining the amount of “taxable receipts” on the tax return, “rent,” as defined in § 5.03.051 of this article, may not be reduced by any business expense, including, but not limited to, the amount of service charges deducted by credit card companies or commissions paid to travel agencies. At the time the return is filed, the tax fixed at the prevailing transient occupancy tax rate for the amount of rentals charged or chargeable, which are not exempt from tax pursuant to §§ 5.03.053 and 5.03.062, shall be remitted to the Tax Administrator. The Tax Administrator may establish other reporting periods and may require a cash deposit or bond or a separate trust fund bank account for any permit holder if the Tax Administrator deems it necessary in order to insure the collection of the tax, and he or she may require further information on the return. All taxes collected by operators pursuant to this article shall be held in trust for the account of the county until remittance thereof is made to the Tax Administrator.
(1966 Code, § 17A-7) (Ord. 499, § 7)