2017-01-02 - Laserfiche WebLink

Home Browse Search

(3)Failure of the person to appear at the hearing shall be grounds for the Commission, acting through its designated representative, to revoke the taxpayers A&P tax permit. C) The person shall be entitled, within thirty (30) consecutive days from the date of the revocation of the taxpayer's A&P tax permit, to appeal to the Circuit Court of Independence County,Arkansas, where the action shall be tried de novo. D) It shall be unlawful for any person subject to the A&P tax to transact business within the city when their A&P tax permit is revoked or suspended. E) Any revoked or suspended permit may be renewed upon the filing of proper returns and the payment of all A&P taxes due or removal of any other cause of revocation or suspension. SECTION 10: Preparation of returns; payments of A&P tax. A) The A&P tax shall be due and payable on the first day of each calendar month by the person liable for the payment of the A&P tax (taxpayer) and shall be deemed delinquent if not paid on the first day of the next calendar month. B) It shall be the duty of the taxpayers on or before the discount date or twentieth (20th)day of each calendar month to deliver to the Commission, upon forms prescribed and furnished by the Commission, returns under oath showing the total combined gross receipts or gross proceeds which are subject to the A&P tax for the preceding calendar month and the amount of tax due. The tax due shall be remitted with the return. C) If not paid on or before the discount date or the twentieth(20th) day of the calendar month, the full amount of the A&P tax shall be due from that date; provided, however, no penalty for delinquency shall be assessed if payment thereof is made on or before the delinquency date or the first(1St) day of the calendar month next following. SECTION 11: Discount for prompt payment. A) If the return is delivered on or before the discount date or the twentieth (20th) day of the calendar month following the month the tax is imposed on gross receipts, the taxpayer may remit therewith to the Commission ninety-eight percent (98%) of the A&P tax due on or before the discount date. A return is "delivered" on the date it is postmarked if it is delivered by the U.S. Postal Service. B) Failure of the taxpayer to remit the A&P tax on or before the discount date shall cause the taxpayer to forfeit his claim to the discount and the taxpayer must remit to the Commission one hundred percent(100%) of the amount of the A&P tax due, plus any penalty and interest accrued thereon). SECTION 12: Additional penalties and tax.