A. (1) On or before the last day of each calendar month, every lessor shall remit to the department the tax attributable to lease or rental payments received during the immediately preceding calendar month and shall file with the department a remittance return. The remittance return shall be in a form prescribed by the comptroller, containing such information as the comptroller may reasonably require.
A lessor may remit tax and file remittance returns on the accrual rather than cash basis, provided that the lessor receives prior authorization from the department.
B. If a lessor fails to collect the tax imposed by this chapter from a lessee, then the lessee shall file a return and pay the tax directly to the department on or before the date required by subsection 3-32-080(A).
C. Notwithstanding any other provision of this chapter, for all periods beginning on or after January 1, 2000, (1) all tax returns shall be filed with the department on an annual basis on or before August 15 of each year in accordance with Sections 3-4-186 and 3-4-189 of this Code, (2) all tax payments and remittances shall be made in accordance with either Section 3-4-187 (payment of actual tax liabilities) or Section 3-4-188 (payment of estimated taxes), and (3) the provisions of Sections 3-4-186, 3-4-187, 3-4-188 and 3-4-189 shall control over any contrary provisions in this chapter regarding the subjects covered by those sections.
(Added Coun. J. 12-15-92, p. 27387; Amend Coun. J. 11-17-99, p. 18040, § 2.1; Amend Coun. J. 11-16-11, p. 13798, Art. I, § 3)