The cannabis operations gross receipts tax shall be due and payable and, if not paid
shall become delinquent, as follows:
(a)
Due Dates. The amount of the gross receipts tax shall be due and payable by first
day of January, April, July and October, and shall become delinquent if not remitted
to the treasurer-tax collector on or before 5:00 p.m. on the last day of each of those
months.
(b)
Original Delinquency. For any delinquent payment, the person subject to the tax shall
pay ten percent of the amount of the tax in addition to the amount of the tax.
(c)
Continued Delinquency. Any person who fails to remit any delinquent remittance on
or before a period of thirty days following the date on which the remittance first
became delinquent shall pay a second delinquency amount of ten percent of the amount
of the tax in addition to the amount of the tax and the ten percent amount first imposed
upon the original delinquency.
(d)
Cancellation of Delinquency Amounts. The treasurer-tax collector may cancel the original
delinquency and/or continued delinquency amounts imposed on any person if the person
provides evidence satisfactory to the treasurer-tax collector that failure to pay
timely was due to circumstances beyond the control of the person and occurred notwithstanding
the exercise of ordinary care and the absence of willful neglect.
(e)
Fraud. If the treasurer-tax collector determines that the nonpayment of any remittance
due under this chapter is due to fraud, an amount of twenty-five percent of the amount
of the tax shall be added thereto in addition to the delinquency amounts stated in
subsections (b) and (c) of this section.
(f)
Interest. In addition to the delinquency and/or fraud amounts imposed, any person
who fails to timely remit any tax imposed by this chapter shall pay interest at the
rate of one-half of one percent per month or fraction thereof on the amount of the
tax.
(g)
Delinquency, Fraud, and Interest Amounts Merged with Tax. Every delinquency and fraud
amount imposed and such interest as accrues under the provisions of this section shall
become part of the tax herein required to be paid.
(h)
Criminal Penalty. Any person or persons who make any material misrepresentation of
fact for the purpose of avoiding all or any part of the tax imposed by this chapter
shall be guilty of a misdemeanor.
