Ord 2016-024 - Laserfiche WebLink

Home

2-21-900 Deficiency determinations. A. If the finance director is not satisfied that a declaration statement filed, as required under the provisions of this chapter, is correct, or that the amount of tax is correctly computed, the finance director may compute and determine the amount to be paid and make a deficiency determination upon the basis of the facts contained in the declaration statement or upon the basis of any information in the City's possession or that may come into the City's possession. B. The City may make more than one deficiency determination of the amount of tax due for a period or periods. C. In the case of a cannabis business which is discontinued, dissolved or otherwise terminated, a deficiency determination may be made at any time within three years thereafter as to any liability arising from engaging in such business whether or not a deficiency determination is issued prior to the date the tax would otherwise be due. D. Whenever a deficiency determination is made, the City will provide 15 calendar days' notice to the licensee. 2-21-1000 Tax assessment — Nonpayment — Fraud. A. Under any of the following circumstances, the finance director may make and give notice of an assessment of the amount of tax owed by a cannabis business under this chapter: 1. If the licensee has not filed any declaration statement required under the provisions of this chapter; 2. If the licensee has not paid any tax due under the provisions of this chapter; 3. If the licensee has not, after demand by the finance director, filed a corrected declaration statement or furnished to the finance director adequate substantiation of the information contained in a statement of revenue already filed, or paid any additional amount of tax due under the provisions of this chapter. B. The notice of assessment will separately set forth the amount of any tax known or estimated by the finance director to be due, after full consideration of all information within his or her knowledge concerning the cannabis business activities of the person or licensee assessed and will include the amount of any penalties, costs or interest accrued on each amount to the date of the notice of assessment. 2-21-1100 Tax assessment — Notice requirements. The notice of assessment will be served upon the licensee either by personal service on the licensee, or by depositing the notice in the United States mail, postage prepaid thereon, addressed to the licensee at the address of the location of the business appearing on the face of the business license(s) issued under Title 2 to the licensee, or to such other address as the licensee registers with the finance director for the purpose of receiving notices provided under ORDINANCE NO. 2016-024 5