CHAPTER 11. TAXATION.

§11-15-5. Total amount collected is to be remitted.

No profit shall accrue to any person as a result of the collection of the tax levied by this article notwithstanding the total amount of the taxes collected may be in excess of the amount for which the person would be liable by the application of the rate of tax levied by section three of this article to the vendor's gross proceeds from taxable sales and services. The total amount of all taxes collected by the vendor shall be returned and remitted to the Tax Commissioner as provided in this article or article fifteen-b of this chapter.

Bills Affecting §11-15-5

2003 2X: HB220
2003 2X: SB2010
2003 Regular Session: HB3014
2003 Regular Session: HB3014
2003 Regular Session: HB3014
2003 Regular Session: HB3014
2003 Regular Session: HB3014
2004 Regular Session: HB4349
2004 Regular Session: SB594
2004 Regular Session: SB594
2004 Regular Session: SB594
2005 Regular Session: HB2445
2005 Regular Session: HB2445
2005 Regular Session: HB2445
2005 Regular Session: SB188
2005 Regular Session: SB188
2005 Regular Session: SB188
2006 Regular Session: HB2445
2006 Regular Session: HB2445
2006 Regular Session: HB2445
2006 Regular Session: HB4566
2006 Regular Session: HB4566
2006 Regular Session: HB4566
2006 Regular Session: HB4816
2006 Regular Session: HB4816
2006 Regular Session: SB520
2006 Regular Session: SB520
2006 Regular Session: SB520
2006 Regular Session: SB692
2006 Regular Session: SB692
2008 Regular Session: HB4551
2008 Regular Session: HB4551
2008 Regular Session: SB596
2008 Regular Session: SB596
2010 Regular Session: HB4351
2010 Regular Session: SB461
2012 Regular Session: HB4335
2012 Regular Session: SB430
2017 1X: SB1017
2017 Regular Session: SB335
2017 Regular Session: SB335
2017 Regular Session: SB335
2018 Regular Session: SB120
2019 Regular Session: SB58
2020 Regular Session: SB832
2021 Regular Session: SB661