Ordinance 1960-93 - Laserfiche WebLink

so determined. The amount so fixed shall thereupon become the tax and be immediately due and payable. C. If the tax return and/or payment are not received within 15 days of the due date a penalty must be included as follows: If 16 to 45 days delinquent, 10% of the tax with a minimum penalty of $5. 00. If 46 to 75 days delinquent, 15% of the tax with a minimum penalty of $10. 00. If 76 or more days delinquent, 20% of the tax with a minimum penalty of $15. 00. Section 24 : Quitting, Selling, or Transferring the Business--Liability of Successor. Whenever any taxpayer quits business, or sells out, exchanges, or otherwise disposes of his/her business or stock of goods, any tax payable hereunder shall become immediately due and payable, and such taxpayer shall, within thirty days thereafter, make a return and pay the tax due. Any person who becomes a successor to such taxpayer shall become liable for the full amount of the tax and withhold from the purchase price a sum sufficient to pay any tax due from the taxpayer until such time as the taxpayer shall produce a receipt from the City Clerk showing payment in full of any tax due or a certificate that no tax is due. If such tax is not paid by the taxpayer within ten days from the date of such sale, exchange, or disposal, the successor shall become liable for the payment of the full amount of tax. The payment of the tax by the successor shall, to the extent thereof, be deemed a payment upon the purchase price, and if such payment is greater in amount than the purchase price, the amount of the difference shall become a debt due such successor from the taxpayer. No successor shall be liable for any tax due from the person from whom he/she has acquired a business or stock of goods if he/she gives written notice to the City Clerk and Audit Manager of the City of Everett of such acquisition, and no assessment is issued by the Audit Manager within six months of receipt of such notice against the former operator of the business and a copy thereof mailed to such successor. The taxpayer's account will remain on an active status and be subject to all taxes, penalties, and interest until such time as the City Clerk or Audit Manager is notified in writing that the taxpayer has discontinued business activity in the City of Everett. Section 25: Returns Confidential . The applications and the contents of the information contained therein constitute public records and are subject to public disclosure. The returns made to the City Clerk pursuant to this chapter shall not be made public, nor shall they be subject to the inspection of any person except the Mayor, City attorney, the Audit manager, City Clerk, or 28