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12/10/2018 D. The maximum rate of the cannabis business tax for any type of cannabis business shall not to exceed ten (10%) of gross receipts. E. Persons subject to the cannabis business tax shall also obtain a business license under Chapter 32 Article V of this Code. However, they shall be exempt from paying the general business license tax required under Chapter 32 Article V for any business activity subject to the cannabis business tax. A person not subject to the cannabis business tax is subject to the general business license tax required under Chapter 32 Article V except as otherwise provided by this Article or other applicable law. Sec. 32.807 Reporting and remittance of tax. A. Financial information required under to obtain a business license under Chapter 32 Article V of this Code will be used to calculate and enforce the tax imposed under this Article. and will be deemed confidential insofar as consistent with the California Public Records Act and other applicable law. B. The cannabis business tax imposed by this Article shall be paid, in arrears, on a monthly basis. Each person owing a cannabis business tax each calendar month shall, no later than the last day of the month following the close of the calendar month, file with the Tax Administrator a statement of the tax owed for that calendar 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 calendar month shall be due and payable on that same date that the statement for the calendar month is due. C. Upon cessation of a cannabis business, tax statements and payments shall be immediately due for all calendar months up to the calendar month during which cessation occurred. D. The Tax Administrator may, at his or her discretion, establish alternative reporting and payment periods for any taxpayer as the Tax Administrator deems necessary to ensure effective collection of the tax. The Tax Administrator may also require that a taxpayer make payments in the form of cash or via a cashier's check, money order, or similar instrument. Sec. 32.808 Payments and communications — timely remittance. Whenever any payment, statement, report, request or other communication is due, it must be received by the Tax Administrator on or before the final due date. A postmark will not be accepted as timely remittance. If the due date would fall on a Saturday, Sunday or a holiday observed by the City, the due date shall be the next regular business day on which City Hall is open to the public. ATTY/ORD.473/RC CANNABIS TAX ORDINANCE REV: 07-18-18 VR Page 7 of 16 ORDINANCE NO. 2461 MUFF NO. 305