Title
AN ORDINANCE AMENDING CHAPTER 5, ARTICLE II OF THE CODE OF ORDINANCES FOR THE CITY OF FOLEY, ALABAMA ENTITLED "SALES TAX" TO REQUIRE ELECTRONIC FILING AND PAYMENT OF TAXES ONLINE
Summary
DESCRIPTION OF TOPIC: AN ORDINANCE TO REQUIRE PAYMENT OF TAX TO THE ONLINE "MAT" SYSTEM THROUGH ALABAMA DEPARTMENT OF REVENUE.
SOURCE OF FUNDING:
Please provide the amount requested: __$ 0________
Is this a budgeted item? Yes /No
Please provide the budgeted amount: $____N/A_________ Account No. _____N/A______________________
If budgeted, is this a capital purchase, capital project, or special fund? ___N/A______________________
Was this item included in the Fiscal Year Capital Projects Plan? Yes/No
If yes, please provide the amount included in Capital Projects Plan: $_0__________
Body
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FOLEY, ALABAMA, THAT CHAPTER 5, ARTICLE II OF THE CODE OF ORDINANCES FOR THE CITY OF FOLEY IS HEREBY AMENDED AS FOLLOWS:
That a new section entitled, “Electronic Filing and Payment of Tax Returns,” be added as follows:
Sec 5-56 - Electronic filing and payment of tax returns.
a. Electronic filing required. To increase the accuracy and efficiency of reporting and collection the taxes levied in Sections 5-50 through 5-55 of this Article - i.e. sales, use, lease and lodging - all taxpayers shall file said tax reports electronically through the state filing and remittance program known as My Alabama Taxes (MAT).
b. Electronic payment required. All taxpayers whose electronically filed returns show a payment due in the amount of seven hundred fifty dollars ($750.00) or more shall make the payment electronically. After the seven hundred fifty dollar ($750.00) threshold is met for the first time, all subsequent payments must be made electronically regardless of the amount.
c. Electronic filing and signature requirements.
1. The tax return consists of the electronic transmission and electronic data, and any and all s...
Click here for full text