A. The tax constitutes a debt owed by the transient to the City that is extinguished only by payment to the transient lodging tax collector or to the City.

B. The transient shall pay the tax to the transient lodging tax collector at the time the rent is paid.

C. The amount of tax shall be separately stated upon the transient lodging tax collector’s business records, including lodging receipts provided to transients.

D. The transient lodging tax collector shall enter the tax on the transient lodging tax collector’s records when rent is collected if the transient lodging tax collector keeps records on the cash accounting basis or, if the transient lodging tax collector keeps records on the accrual accounting basis, when rent is earned. If rent is paid in installments, the transient shall pay a proportionate share of the tax to the transient lodging tax collector with each installment.

E. The tax collected or accrued by the transient lodging tax collector, or which should have been charged by the transient lodging tax collector, constitutes a debt owing by the transient lodging tax collector to the City.

F. In all cases of credit or deferred payment of rent for transient lodging, the payment of tax to the transient lodging tax collector may be deferred until the rent is paid. A transient lodging tax collector is not liable for the tax until credits are paid or deferred payments are made. The deferral allowed by this subsection does not excuse a transient lodging tax collector from liability for any failure to collect the tax due.

G. A transient lodging tax collector shall not collect, report or remit amounts of the transient lodging tax imposed by this chapter in amounts smaller than one cent. Fractions of cents calculated as an amount of tax that is collectable, reportable or remittable may be ignored.

H. If, for any reason, the tax due is not paid by the transient to the transient lodging tax collector, the tax administrator may require that such tax be paid by the transient directly to the City. [BC 7.18.035, added by Ordinance No. 4687, 6/21/16]