§ 4.68.115. Quarterly remittance of tax by service supplier.

A.

A service supplier may elect to remit the taxes to the director on a quarterly basis if the annual amount of taxes collected or billed by the service supplier is less than one hundred thousand dollars.

B.

A service supplier who qualifies under this subsection is not authorized to remit taxes on a quarterly basis until it has first completed the necessary forms provided by the director.

C.

A service supplier authorized to remit taxes on a quarterly basis shall do so on or before the twenty-fifth day of the month following the end of a calendar quarter.

D.

The service supplier shall elect one of the following methods to calculate the tax amount that it must remit to the director each calendar quarter:

1.

The amount of taxes collected during the immediately preceding calendar quarter, including the amount of any delinquent taxes, and penalties and interest imposed pursuant to Section 4.68.150 upon such delinquent taxes; or

2.

The amount of new taxes billed during the immediately preceding calendar quarter.

E.

The service supplier can not change its election made under subsection D. of this section for a period of twelve months following such election.

(Ord. 26171.)