2005 Vermont Code - § 9243. — Returns and payment

§ 9243. Returns and payment

Where the meals and rooms tax liability under this chapter for the immediately preceding full calendar year has been (or would have been in cases when the business was not operating for the entire year) $500.00 or less, the gross receipts taxes imposed by this chapter shall be due and payable in quarterly installments on or before the twenty-fifth day of the calendar month succeeding the quarter ending the last day of March, June, September and December of each year. In all other cases, the gross receipts tax imposed by this chapter shall be due and payable monthly on or before the twenty-fifth (23rd of February) day of the month following the month for which the tax is due. The commissioner may authorize payment of the tax due by electronic funds transfer. The commissioner may require payment by electronic funds transfer from any taxpayer who is required by federal tax law to pay any federal tax in that manner, or from any taxpayer who has submitted to the tax department two or more protested or otherwise uncollectible checks with regard to any state tax payment in the prior two years. Each operator shall make out and sign under the pains and penalties of perjury a return for each quarter or month. The return shall be filed with the commissioner on a form prescribed by the commissioner. The commissioner shall distribute return forms to the operators, but no operator shall be excused from liability for failure to file a return or pay the tax because he has failed to receive a form. A remittance for the amount of taxes shall accompany each quarterly or monthly return. Returns shall be made on forms provided by the commissioner. Payment of taxes by electronic funds transfer does not affect the requirement to file returns. (1959, No. 217, § 8; amended 1963, No. 227, § 4; 1964, No. 15 (Sp. Sess.), § 3, eff. April 1, 1964; 1971, No. 73, § 35, eff. April 16, 1971; 1973, No. 42, § 3; 1975, No. 1 (Sp. Sess.), § 13, eff. April 1, 1976; 1989, No. 124 (Adj. Sess.), § 2, eff. Feb. 8, 1990; No. 225 (Adj. Sess.), § 25(b); 1991, No. 67, § 7, eff. June 19, 1991; 1991, No. 186 (Adj. Sess.), § 8(i), eff. May 7, 1992; 1997, No. 156 (Adj. Sess.), § 19, eff. April 29, 1998.)