§ 35.036 REPORTING AND REMITTING.
   (A)   On and after the effective date of the ordinance codified in this subchapter, every person receiving any payment for room rental with respect to which a tax is levied under this subchapter shall collect the amount of tax imposed from the transient on whom the same is levied or from the person paying for the room rental, at the time payment for the room rental is made.
   (B)   The taxes required to be collected under this subchapter shall be deemed to be held in trust by the person required to collect the same until remitted as required.
   (C)   Each operator shall, on or before the last of the month following the close of each calendar quarter, or at the close of any shorter reporting period which may be established by the Director, make a return to the Director, on forms provided by the Director, the total rents charged and received and the amount of tax collected for transient occupancies.
   (D)   At the time the return is filed, the full amount of the tax collected shall be remitted to the Director.
   (E)   The Director may establish shorter reporting periods for any Certificate holder if the Director deems it necessary in order to insure collection of the tax and he may require further information in the return.
   (F)   Whenever any person required to collect and pay to the city a tax under this subchapter ceases to operate or otherwise disposes of his business, any tax payable under this subchapter to the city shall become immediately due and payable and such person shall immediately make a report and pay the tax due to the city.
   (G)   If any person liable for any amount under this subchapter sells out his business or quits the business, his successors or assigns shall withhold sufficient of the purchase price to cover such amount until the former owner produces a receipt from the Director showing that all taxes due from the person quitting, selling or assigning his business have been paid or a certificate stating that no amount is due.
   (H)   If a purchaser of a business fails to withhold purchase price as required in division (G) of this section, he shall be personally liable for the payment of the amount requested to be withheld by him to the extent of the purchase price, valued in money.
   (I)   Within 60 days after receiving a written request from the purchaser for a Certificate, or within 60 days from the date the former owner's records were made available for audit, whichever period expires later, but in any event not later than 90 days after receiving the request, the Director shall either issue the Certificate or mail notice to the purchaser at his address as it appears in the records of the County Auditor/Controller of the amount that must be paid as a condition of issuing the Certificate.
('64 Code, § 21-16) (Ord. 251, passed 8-24-64; Am. Ord. 889, passed 6-11-98) Penalty, see § 10.97