§ 3-2-363. Quarterly returns and remittance of tax.

(a)

Each certified short-term rental business subject to the provisions of this article shall file quarterly tax returns with the director. Such returns shall be filed within 15 days of the end of a quarter and shall state for the quarter just ended:

(1)

the total gross receipts, as the term is defined in section 9-1-2 of this code, of the business;

(2)

the total gross proceeds of the business;

(3)

the portion of the total gross proceeds of the business claimed to be exempt from the short-term rental tax pursuant to section 3-2-357 or 3-2-368; and

(4)

the total short-term rental taxes due and owing for the quarter.

(b)

The director shall assess the tax due, and the short-term rental business shall pay the tax so assessed to the director not later than the last day of the month following the end of the quarter. Until paid to the city, any short-term rental taxes collected by the business shall be deemed to be held in trust for the city.

(c)

Whenever any person required to collect a tax under this article shall cease to operate the short-term rental business, such person shall, within 20 days of ceasing to operate the business, file with the director a report containing the information required by subsection (a) and shall make the payment required by subsection (b).

(Ord. No. 4633, 11/21/09, Sec. 2)

(Ord. No. 4633, 11/21/09, Sec. 2)