Every person certified to engage in the short-term rental business shall collect the
rental tax from the lessee of the daily rental property at the time of the rental.
The lessor of the daily rental property shall transmit a quarterly return to the commissioner
of the revenue, indicating the gross proceeds derived from the short-term rental business,
and shall also remit the payment of the tax that is due for the quarter. The quarterly
returns shall be filed with the commissioner of the revenue on or before April 15,
July 15, October 15, and January 15, representing, respectively, the gross proceeds
and taxes collected during the preceding quarters ending March 31, June 30, September
30 and December 31. The return shall be upon such forms and shall set forth such information
as the commissioner of the revenue may require, showing the amount of gross receipts
and the tax required to be collected. The commissioner of the revenue shall assess
the tax due, and the short-term rental business shall pay the tax so assessed to the
treasurer or director of finance not later than the last day of the month following
the end of the calendar quarter. The taxes required to be collected under this article
shall be held in trust by the person required to collect the taxes until remitted
as required in this article.
(Code 1978, § 8-63; Ord. of 10-14-09, § 1)
