(a) Each vendor shall, on or before fifteen days after the last day of each calendar quarter (April, July, October, January), unless the Municipality instructs otherwise in writing, make and file a full and complete tax return and remit the amount of the tax due with the office for the preceding calendar quarter as required on the form prescribed, showing all the information required thereon, including the amount of tax due from the vendor to the Fiscal Officer.
(b) In the event a vendor fails to remit either the return or the payment within the 15- day time frame provided, the Municipality reserves the right, with prior written notice, to require the vendor to make and file a full and complete tax return and remit the tax due within time frames of less than 15 days after the last day of each calendar quarter as determined at the sole discretion of the Municipality, including but not limited to daily, weekly or monthly remittance of the return and taxes owed.
(c) Upon application of the vendor, in writing and for good cause shown, the Municipality may extend the time for making and filing returns and may remit any part of the penalties that may be due hereunder.
(d) Such extended return shall be submitted to and received by the Fiscal Officer at the address designated on the prescribed tax return together with the payment, made payable to the Village or City of Waterville, as appropriate, of the amount of tax shown to be due thereon plus penalty and interest, if any. The return together with payment of the amount of tax due shall be received by the Fiscal Officer’s office on or before thirty days after the original due date of the extended return.
(e) Upon receiving any return and payment, the recipient at the Fiscal Officer’s office shall promptly stamp or otherwise mark the date received and the amount of payment received and shall promptly transmit one copy so stamped or marked and the payment received to the Fiscal Officer for deposit to the General Fund.
(f) The form of the return shall be prescribed by the Municipality.
(Ord. 06-11. Passed 3-28-11.)