The designated collection agent shall charge and deduct from the proceeds of the tax levied, an amount equal to the cost to the agency of making the collections and the charge shall not exceed five percent of the total amount of tax collected. Following that deduction, the agent shall pay the remainder of the tax proceeds to the city general fund.
Structure Code of Alabama
Chapter 3A - Barbour County Municipalities.
Section 45-3A-30.01 - Exemptions and Application of Tax.
Section 45-3A-30.02 - Payment of Taxes; Records; Penalty.
Section 45-3A-30.03 - Application and Construction of State Lodging Tax.
Section 45-3A-30.04 - Disposition of Funds.
Section 45-3A-30.05 - Application and Severability of Part.
Section 45-3A-30.06 - Costs of Collections; Remainder of Proceeds.