HomeMy WebLinkAbout1987-047-03/17/1987-PAYMENT OF USE TAX TAX AMNESTY PERIOD RESOLUTION 87-47
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING A TAX AMNESTY PERIOD FOR PROFESSIONALS
RELATING TO PAYMENT OF USE TAX ON EQUIPMENT AND
OTHER TANGIBLE PERSONAL PROPERTY
WHEREAS, the Code of the City of Fort Collins imposes a use tax on the
use, distribution and consumption of tangible personal property which
applies to property used in businesses and practices located within Fort
Collins; and
WHEREAS, a small percentage of professionals doing business in Fort
Collins are currently remitting use tax as required by the City Code; and
WHEREAS, the authorization of a tax amnesty period for professionals
would greatly facilitate the collection of such taxes and the sales/use tax
licensing of such professionals where applicable; and
WHEREAS, the Finance Department staff recommends that a tax amnesty
period be offered to all professionals allowing for the submission of
applicable use taxes without penalties or interest for the past three (3)
year period and such recommendation was approved by the City's Finance
Committee on February 4, 1987.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the Finance Department is hereby authorized to offer a tax
amnesty period to professionals which period would begin this spring and
last for approximately seven (7) weeks. During the tax amnesty period,
individuals and companies voluntarily remitting the applicable use tax
would not be required to pay penalties or interest relating to such taxes.
Passed and adopted at a regular meeting of the Council of the City of
Fort Collins held this 17th day of March, A.D. 1987.
ATTEST:
City Clerk '