A. If a person liable for any amount of tax under this chapter sells its business or stock of goods, the buyer shall make an inquiry to the City Clerk and withhold from the purchase price any amount of tax that may be due under this chapter until such time as said person produces a receipt stating that no amount is due.
B. If the buyer of such business or stock of goods fails to withhold from the purchase price as above required, he shall be personally liable for the payment of the amount required to be withheld by him. (Ord. 484, 7-7-2016, eff. 10-1-2017)