(a) Except as
provided elsewhere in this Section, the taxes shall be due and payable
monthly on or before the twentieth (20th) day of the month next succeeding
the month in which the tax accrues.
(1) Quarterly
returns. The Tax Collector may authorize a taxpayer whose reporting
history indicates an estimated annual City Privilege and Use Tax
liability on taxable gross income in excess of five thousand dollars
($5,000.00) but less than fifty thousand dollars ($50,000.00) to
file returns on a calendar-quarterly basis. The taxes for each calendar
quarter shall be due and payable on or before the twentieth (20th)
day of the month next succeeding the end of each calendar quarter.
(2) Annual returns.
The Tax Collector may authorize a taxpayer whose reporting history
indicates an estimated annual City Privilege and Use Tax liability
on taxable gross income of not more than five thousand dollars ($5,000.00)
to file returns for such taxes on a calendar-annual basis. The taxes
for each calendar year shall be due and payable on or before the
twentieth (20th) day of January of the following year.
(b) Special Requirements
of taxpayers filing quarterly or annual returns. No taxpayer may report
on a quarterly or annual basis until he has established, to the Tax
Collector's satisfaction, six (6) months reporting history. It is
the taxpayer's responsibility to notify the Tax Collector and increase
his reporting frequency (to quarterly or monthly as applicable) when
his taxable income or tax due exceeds the maximum limits for his current
reporting frequency. Failure to do so may be deemed negligence or
evasion, and penalties may apply. Failure to file returns timely,
without good cause shown to the satisfaction of the Tax Collector,
is sufficient cause for the Tax Collector to deny future filings by
the taxpayer on a quarterly or annual basis.
(c) Delinquency
Date. Except as provided in subsection (d) below, all returns and
remittances received within the Tax Collector's office on or before
the last business day of the month when due shall be regarded as timely
filed. The start of business of the first business day following the
month when due shall be the delinquency date. It shall be the taxpayer's
responsibility to cause his return and remittance to be timely received.
Mailing the return or remittance on or before the due date or delinquency
date does not relieve the taxpayer of the responsibility of causing
his return or remittance to be received by the last business day of
the month when due.
(d) Jeopardy reporting.
If the Tax Collector determines that the collection of any tax due
to the City is in jeopardy, the Tax Collector may direct the taxpayer
to file his return and remit the tax on a weekly, daily, or transaction-by-transaction
basis. Such return and remittance shall be due upon the date fixed
by the Tax Collector, and the "delinquency date" shall be the following
day.
(e) Extensions.
The Tax Collector may extend the time for filing a return, for good
cause shown, and only when requested in writing and received by the
Tax Collector prior to the tax due date. However, the time for filing
such return shall not be extended beyond the last business day of
the month next succeeding the due date of such return. In such cases,
only the penalties for late filing and late payment may be waived
by the Tax Collector for filing and payment within the extension period.
Notwithstanding the granting of an extension, the interest payable
for late payment of taxes shall be paid for the period commencing
upon the original delinquency date and ending on the date the tax
is paid. The interest may not be waived by the Tax Collector.
