- 2 -
|
COMPLETE THIS SECTION ONLY IF THIS IS A FINAL RETURN
Date Business Discontinued____________________________ Reason Business Discontinued______________________________________________________
Name of Purchaser ____________________________ Address _______________________________________________________________________________
GROSS RECEIPTS:
st th
Item 1. Enter here all receiptsstin the appropriatesttax column. April 1 - Sept. 30 6% tax is levied excluding long term rentals which
remains at the 5% rate; Oct. 1 - March 31 5% tax is levied. Line 1C should be the same in the sales tax columns and the transient room
tax column except in the Lodge or Charter Industry where market value is used to establish room tax. Include exempt sales as they will
be subtracted from the total under deductions. DO NOT include sales tax on this line in order for final calculations to be correct.
DEDUCTIONS:
Item 3A. Wholesale/Resale. List here sales which are covered by wholesale-resale exemption certificates. No exemptions may be claimed
under this category unless covered by certificates. Be prepared to list these on request.
Item 3B. Long Term Residential Rentals. List here rent received for residential housing for thirty (30) or more consecutive days or an
entire calendar month by a person or persons for a room, set of rooms, structure, or suite. Trailer space rental is not exempt. Be prepared
to list these on request.
Item 3C. Outside Municipality. List here sales for which the order is received from outside the municipality by mail, radio, or other public
communication, and which are also delivered by mail or another common carrier. Be prepared to list these on request.
Item 3D. Sales to senior citizens with exemption card. Sales, except for alcoholic beverages, cigarettes or tobacco products, and marijuana
or marijuana products to persons over 65 years of age who have been issued exemption cards and are making purchases solely for their
personal use. Be prepared to list these on request.
Item 3E. Government agencies. List here sales to federal, state, or municipal governments. Be prepared to list these on request.
Item 3F. Government supported exempt agencies. List here sales to agencies who have been issued an exemption certificate which proves
that they are 50% government funded. Be prepared to list these on request.
Item 3G. Sales over taxable limit. This covers that portion of a selling price for a single sale unit over $12,000.00 which is sold to and is
for the exclusive use of a single-family unit. See SGC 4.25.100(n) for further clarification.
Item 3H. Other Exemptions. List here any exempt items not included in the other deductions. Please explain fully.
CALCULATIONS:
Item 5. Net taxable receipts for year. To arrive at this figure, subtract your total deductions from your gross receipts.
Item 6. Tax Calculated from taxable receipts for year. Multiply net taxable receipts by 5% or 6%.
Item 7. Fish Box tax. Enter no. of fish containers retained by fish charter customers & then multiply by $10.00 sales tax due.
Item 8. Subtotal tax. Combine the tax calculated for the 5% and 6% rates and the fish box tax.
Item 8A -C. Tax payments paid during the year or overpayments on account. This will reflect any payments or credits that may be applied
to this year’s tax due.
for each month or part of a month that you are delinquent as well as a penalty 1 month or part thereof
for any tax owed as per the schedule. > > > > > > > > > > > > > > > > > > > > 2 month or part thereof
This applies only at the end of the quarter. 3 month or part thereof
Payments are applied to late fees, penalty, and interest first before being applied 4 month or part thereof
to the tax owing for the quarter. 5 month or part thereof
Item 9 & 10. Late Filing Fee & Penalty. If you are delinquent, add a late fee Month(s)ndthstthrd delinquent Penalty 5%20%15%25%10% Late$ $ $100.00$ $ 15.0090.0065.0040.00Fee
**If seller fails to file yearly sales tax return by due date, seller may be required to file and remit sales tax quarterly. If the seller fails to file yearly
sales tax return and the amount of sales tax collected during the period of the return exceeds five hundred dollars, seller may be required to
submit sales tax returns and remit sales tax to the city and borough of Sitka monthly for a minimum of one year.**
x x
Item 11. Interest. Add 12% per annum, from date of delinquency, of any delinquent amounts. (TAX .12 (# of days/365))
Item 13. Total Due with Return. Total lines 8 through 12 and pay amount recorded here. Returns shall be filed by or postmarked prior
to 4:45 p.m. on the last day of the month following the end of the year. In the event the last day of the month falls on a legal holiday,
Saturday, or Sunday, then the return may be filed on the first business day following.
Rev. 02/2024
|