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Sale, assignment, or transfer of business. A medicinal cannabis retail business owner/operator who is <br />selling, assigning, or otherwise transferring their business (hereinafter collectively referred to as <br />transferor) shall notify the collector in writing of such sale, assignment, or transfer at least ninety (90) <br />days in advance of the date of the sale, assignment, or transfer and shall notify the collector in writing <br />of the name and address of the purchaser, assignee, transferee, or other successor in interest <br />(hereinafter collectively referred to as successor) unless the decision to sell, assign, or otherwise <br />transfer their business was made within less than a ninety (90) day period prior to the sale, assignment, <br />or transfer, in which case the transferor shall then immediately notify the successor of the successor's <br />responsibility for unpaid business license taxes, including penalties, interest, charges, fees, or costs <br />(hereinafter collectively referred to as business license tax liabilities) for the period prior to the sale, <br />assignment, or transfer as set forth in subsections (d) and (e) below, and shall further certify in writing <br />to the collector that the successor was notified of the requirements of this Article regarding their <br />responsibility for unpaid business license tax liabilities. <br />(b) Remitting and reporting requirements. Each medicinal cannabis retail business owner/operator upon the <br />sale, assignment, or other transfer, or termination of business for any reason shall, on or before the last day <br />of the month following the sale, assignment, transfer, or termination of business, file a final return to the <br />collector on City approved forms, of the total gross receipts received, adjustments to gross receipts, the <br />amount of business license tax collected for the reporting period, remittances made, if any, and the balance <br />of the business license tax due, if any, shall be remitted to the collector. <br />(c) Closeout audit. After filing the final return and remitting the balance due, the medicinal cannabis retail <br />business owner/operator shall make its records of account available for a closeout audit by the collector, his <br />or her revenue officers, or duly authorized employees or agents of the City. The decision to perform a <br />closeout audit shall be made solely at the discretion of the collector. If, upon closeout audit, or by means of <br />other information available to them, the collector determines that the owner/operator selling, assigning, or <br />otherwise transferring, or terminating their business is found to have satisfied all business license tax <br />liabilities, the collector shall issue to such business owner/operator a certificate of nonliability. <br />If, upon closeout audit, or by means of other information available to them, the collector determines that the <br />owner/operator selling, assigning, or otherwise transferring, or terminating their business is deficient in either <br />their return or remittance, or both, the collector shall immediately notify such owner/operator of the amount of <br />the net deficiency, plus applicable penalties, interest, charges, fees, or costs. Upon such owner's/operator's <br />remittance of all business license tax liabilities owing, the collector shall issue a certificate of nonliability. <br />(d) Successor's duty to notify. If a medicinal cannabis retail business owner/operator decides to sell, assign, or <br />otherwise transfer their business, their successor shall notify the collector of the date of the sale, <br />assignment, or other transfer at least ninety (90) days before the date of the sale, assignment, or transfer. It <br />shall be the duty of the successor to obtain written verification from the collector's office that the transferor <br />does not have or is not liable for any outstanding business license taxes liabilities. After the successor seeks <br />written verification from the collector's office, if the collector notifies the successor that the transferor has or <br />is liable for any outstanding amount of business license tax liabilities, the successor shall withhold an amount <br />equal to such outstanding business license tax liabilities until the transferor produces a certificate of <br />nonliability stating the nonliability of the transferor for payment of business license tax liabilities. If the <br />transferor does not present a certificate of nonliability within ninety (90) days after such sale, assignment, or <br />other transfer, the successor shall deposit the withheld amount with the collector pending settlement of the <br />account of the transferor. <br />If the decision to sell, assign, or otherwise transfer was made within less than a ninety (90) day period prior to the <br />date of the sale, assignment, or other transfer, the successor shall notify the collector of the sale, assignment, or <br />transfer immediately and shall withhold an amount equal to the sum of the transferor's last three (3) months' of <br />reported and remitted business license taxes until the transferor produces a certificate of nonliability stating the <br />nonliability of the transferor for payment of business license tax liabilities. If the transferor does not present a <br />City of Santa Ana RFP No. 23-165 Page 137 of 196 <br />