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<br /> I I I <br /> <br /> (V, 6- t'3 <br /> [J Establish a call center open during normal business hours to assist entities regarding <br /> ~ questions conceming application of Redwood City's taxes and entity's reporting and <br /> remittance requirements; <br /> [J Educate entity regardinr'! Redwood City's reporting requirements to prevent recurring <br /> - d!".ficiencies in future yeBlì.f,' <br /> Audit tervices - Phase 2 of PI :>ject <br /> Audit Services are designed to identify entities subject to taxation by the City of Redwood City <br /> that are not properly reporting the full amount of tax to which they are subject to under the City's <br /> ordinances. Audit Services identify entities who are potentially underreporting, or not reporting <br /> all applicable taxes, and MMC reviews the entity's records to ensure compliance with Redwood <br /> City's taxes. In performing the Audit Services, MMC shall: <br /> [J Establish a comprehensive inventory of the registered entities subject to taxation by <br /> Redwood City and the database elements needed to facilitate an analysis of records of <br /> those entity's current and prior years tax remittance; <br /> [J Compare MMC records with Redwood City records to identify potential under-reporting <br /> entities subject to taxation; <br /> [J Meet with designated Redwood City staff to review and discuss potential audit candidates <br /> and to determine which entities will be subject to review. Only entities mutually agreed by <br /> MMC and City to be reviewed shall be subject to MMC's audit services; <br /> [J For potential under-reporting entities identified, obtain authorization from Redwood City to <br /> conduct a review of the entities' records and determine the amount of tax due for current <br /> and prior periods (plus applicable interest and penalties, where appropriate); <br /> - [J Submit audit summaries to Redwood City to permit Redwood City to determine the amount <br /> of a deficiency owed, if any (MMC will calculate as part of the summary the amount we <br /> determine that is owed, but this step allows the City discretion in pursuing the deficiencies); <br /> [J Invoice entity for the amount of identified deficiencies, together with supporting <br /> documentation therefore, and remit payment received to Redwood City; <br /> [J If the City elects to have MMC conduct payment deposit services. applications will be <br /> forwarded with copies of the payments and payments deposited into an account designated <br /> by the City; <br /> [J Educate entity regarding Redwood City's reporting requirements to prevent recurring <br /> deficiencies in future years; <br /> TIMING AND REPORTING <br /> MMC shall commence project planning within 10 working days following authorization. <br /> Annually, MMC shall provide Redwood City with a report summarizing Tax Compliance service <br /> progress to date. <br /> MMC shall deliver the initial set of the Tax Compliance Service reports within forty-five (45) days <br /> following authorization and receipt of data necessary to conduct the work. Redwood City and <br /> MMC will mutually agree on the frequency and type of periodically updated Tax Compliance <br /> Service reports to be provided thereafter. <br /> <- <br /> Atty/Agr/Agr.168 <br /> 021904 <br />