§ 26.65.057. Credit for administrative costs.

Latest version.

A.

Provided a surcharge return is timely filed and the related amount due is timely remitted pursuant to section 26.65.053, a telephone company may deduct and retain, as the cost of administration for collecting the surcharge, the greater of:

1.

$150.00, or

2.

One percent of the surcharge due to the municipality for the month being reported.

B.

The amount of credit claimed for a month shall not exceed the net reported amount of surcharge, charge-offs, and recoveries for the month.

(AO No. 2009-79, § 8, 7-1-09)

                    
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