3.55.140 Sales tax returns.
A. Each person who rents property taxable under this chapter in any quarter ending March 31st, June 30th, September 30th, and December 31st shall, on or before the last day of the month following the end of each quarter year, or April 30th, July 31st, October 31st, and January 31st, respectively, complete, sign, and file with the borough a return for that quarter, upon forms furnished by the borough, setting forth the following:
1. The amount received from all rentals made within the borough;
2. The amount received from nontaxable rentals, with a brief explanation of the nontaxable status;
3. The amount received from taxable rentals;
4. The amount of tax attributable to the taxable rentals;
5. The taxes collected; and
6. Such other information and supporting papers as the finance director may require in the reporting form.
B. Businesses may be able to file two quarters together with the approval of the finance director. The request must be made in writing to the finance director prior to the first quarter in question.
C. The taxes collected shall be remitted with the reporting form after deducting any administrative fees that may be allowed by KIBC 3.55.160.
D. If the last day of the month is a Saturday, Sunday, or legal holiday, tax returns and remittances shall be considered filed on time if delivered or postmarked on or before the last day of that month.
E. A person making rentals within the borough shall make a return, even though none of the reported transactions are taxable.
F. A person who fails to timely comply with the provisions of this chapter relating to the filing of quarterly reports, or combined quarterly reports, and remittance of taxes collected for any one or two quarter(s) during a calendar year shall have the finance director prepare and file an estimated tax return on behalf of the person.
G. A person doing business within the borough for a period of time that is expected to be less than six months in duration shall, upon approval from the finance director, file one sales tax return and remit taxes within 15 days of the last day of business.
H. A final sales tax return shall be filed and the tax due remitted within 15 days after the date of selling or terminating a business. The purchaser of the business shall withhold a portion of the purchase money sufficient to pay any sales tax, penalties, and interest that may be due until seller displays a receipt from the borough evidencing total payment of the tax, interest, and penalties due. If the purchaser fails to withhold the required sum from the payment due to the seller, the purchaser shall also be liable for the taxes, penalties, and interest owed by the seller to the borough.
I. A person who fails to timely comply with the provisions of this chapter relating to the filing of quarterly reports and remittance of taxes collected for any one quarter during a calendar year shall, if required by written notice from the finance director, file the required reports and transmit collected sales taxes monthly until such time as the finance director determines that a willingness and ability to comply with the requirements of this chapter has been established. Monthly reports and remittances shall be due on the fifteenth day of each month following the month of collection. [Ord. 2007-06 §3; Ord. 00-06 §2; Ord. 96-19 §3, 1996. Formerly §3.30.140].