Collectors shall complete and file required returns and remit the tax collected in accordance with the following schedule.
(A) QUARTERLY. Unless as otherwise provided for in the section, collectors shall on or before the last day of the month succeeding the end of each quarter year ending March 31, June 30, September 30, and December 31, prepare a return for the preceding quarter year upon forms furnished by the City. Returns shall be filed personally at City Hall by five (5) p.m. or postmarked on the last day of the month following the end of each quarter year. In the event the last day of the month falls on a legal holiday or a weekend, then the return may be filed on the first business day following.
(B) MONTHLY. If a collector chooses to file monthly returns, in order to qualify for a compensatory collection discount per § 6.48.120, monthly filings must be continuous for all months in a quarter. If a collector fails to file or is late in filing returns for two of the last four quarters, the City Clerk may require the collector to submit returns and payment each month.
(C) SALE OF BUSINESS ASSETS TO ANOTHER. A collector who sells their business, business inventory or accounts receivable to another shall make a final tax return within fifteen (15) days after the date of sale. The purchaser of the business, business inventory, or accounts receivable shall withhold a portion of the purchase money sufficient to pay the tax, penalties and interest that may be due until the seller displays a receipt from the City showing that all tax obligations imposed by this Chapter have been paid. If any purchaser of a business, business inventory, or accounts receivable fails to withhold this sum, the purchaser shall be personally liable for the taxes, penalties and interest owed by the seller to the City. The City may continue to make efforts to collect the tax from the person or entity who owned the business or accounts receivables at the time the liability was incurred.
(D) UPON TERMINATION OF BUSINESS ACTIVITIES. If a collector terminates their business without the benefit of a purchaser, successor, successors or assigns, the collector shall make a final return and settlement of tax obligations within fifteen (15) days of the termination of business.
(E) FILINGS TO BE CONTINUOUS. A collector which has filed a hotel-motel tax return will be presumed to be making sales in successive quarters unless that collector files a return showing termination or sale of the business.
(Ord. No. 2003-05, passed 5-6-03)