(A) Each hotel operator shall keep complete and accurate records of taxable sales and charges, together with a record of the tax collected thereon, together with all invoices and other pertinent documents. Such records and documents shall be kept and maintained for a period or three years unless the hotel operator is notified by the town that they be kept for a longer period.
(B) The tax imposed by this chapter shall be due and payable in monthly installments on or before the fifteenth day of the calendar month next succeeding that month in which the tax accrued; provided, that for credit sales in which the tax authorized by this chapter is not collected by the hotel operator at the time of such sales, such tax shall not, for the purposes of this chapter, be regarded as having accrued until the date on which it is either received by the hotel operator or upon the expiration of the 30-day payment period set forth in § 113.03(C) of this chapter, whichever shall first occur. The hotel operator shall, on or before the fifteenth day of each month, prepare and deliver to the town a return for the preceding month, in a form containing such information as required by the Town Treasurer. Such form shall include all information necessary for the computation, collection, and subsequent distribution of the tax as the town may require. A remittance for the amount of the tax due shall accompany each return. The hotel operator or his or her duly authorized agent shall sign each return, and verification of said signature shall be required upon request by the town.
(Ord. 05-003, passed 6-27-2005)