A. The cannabis business tax imposed by this chapter shall be paid, in arrears, on a monthly basis. For commercial cannabis cultivation, the tax due for each month shall be based on the square footage of the business’s canopy space during the month and the rate shall be twelve percent of the applicable annual rate. For all other cannabis businesses activities, the tax due for each month shall be based on the gross receipts for the month.

B. Each person owing cannabis business tax for a month shall, no later than the last day of the following month, file with the tax administrator a statement of the tax owed for that month and the basis for calculating that tax. The tax administrator may require that the statement be submitted on a form prescribed by the tax administrator. The tax for each month shall be due and payable on that same date as the statement for the month is due.

C. Upon cessation of a cannabis business, tax statements and payments shall be immediately due for all months up to the month during which cessation occurred.

D. The tax administrator may, at his or her discretion, establish shorter report and payment periods for any taxpayer as the tax administrator deems necessary to ensure collection of the tax. The tax administrator may also require that a deposit, to be applied against the taxes for a month, be made by a taxpayer at the beginning of that month. In no event shall the deposit required by the tax administrator exceed the tax amount he or she projects will be owed by the taxpayer for the month. The tax administrator may require that a taxpayer make payments via a cashier’s check, money order, wire transfer, or similar instrument. (Ord. 1659 § 1 (part), 2018)