A. The collection, administration and enforcement of the sales tax imposed by this chapter shall be performed by the director of revenue of the state of Colorado in the same manner as the collection, administration and enforcement of the state sales tax. Accordingly, the provisions of title 39, articles 21 and 26 and title 29, article 2, Colorado Revised Statutes, 1973, as amended, and all rules and regulations promulgated by the director of revenue pertaining to such collection, administration and enforcement, are incorporated herein by this reference.
B. At the time of making his or her monthly return of the sales tax, as required by this chapter, every retailer shall be entitled to subtract from the tax so remitted a sum equal to three and one-third percent (3 1/3%) of the total sales tax collected as his or her fee, said fee to be known as the “vendor’s fee”.
C. If said retailer shall be delinquent in remitting said tax, he shall forfeit the three and one-third percent (31/3%) provided in subsection B of this section, unless good cause be shown for such delinquent remittance. (Ord. 177, 2-22-1990; amd. Ord. 319, 8-11-2020)