2016-08 ADDING CITY CODE - CHAPTER 51.4 - LOCAL MOTOR FUEL TAX

Home Browse Search

Finance Director containing such information as the Finance Director may reasonably require including,but not limited to all receipts from taxable purchases of motor fuel and the tax collected for such. (c) Every bulk user shall file a sworn monthly return with the Finance Department no later than the twentieth day of the calendar month next succeeding the month for which the return is made, a sum of money equal to the amount of motor fuel tax owing for the preceding month,accompanied by a sworn monthly return in a format prescribed by the Finance Director containing such information as the Finance Director may reasonably require. (d) Any person filing a timely return pursuant to this Section may retain One and Three quarters(1.75)percent of the tax they collect to be remitted with that return. This retention is allowed for the purpose of compensating for the costs incurred in complying with the duties and obligations set forth under this Chapter. If the return is not timely filed,no retention shall be allowed. 5. IMPROPER COLLECTION. If any retail gasoline dealer collects an amount upon a sale not subject to the tax imposed in this Chapter but which amount is purported to be the collection of such tax,or if a retail gasoline dealer collects an amount upon a sale greater than the amount of the tax so imposed thereon and does not for any reason refund the same to the purchaser who paid the same before filing the return for the period in which such occurred,such retail gasoline dealer shall account for and pay over those amounts to the City along with the tax properly collected. 6. RECORDKEEPING AND INSPECTION OF RECORDS. (a) Each motor fuel retailer has a duty to maintain complete and accurate books,records, and accounts showing the gross receipts for the sale of motor fuel and the motor fuel taxes collected from purchasers and books,records and accounts related to such. (b)Each bulk user has a duty to maintain complete and accurate books,records and accounts showing the amount of motor fuel purchased. (c) The books,records,and accounts under this Section must be available in the City for examination and for audit by the City. Any examination by the City may be made only after reasonable notice and may be made only during customary business hours. 7. REGISTRATION. Each motor fuel retailer doing business in the City and each bulk user purchasing motor fuel for storage in bulk storage facilities in the City is required to register with the Finance Department on or before the later of(i) March 20, 2016 or(ii)twenty(20)days after commencing business as a motor fuel retailer or becoming a bulk user. The registration shall be in the form and manner as prescribed by the Finance Director.