Notwithstanding other provisions of this chapter, the secretary of revenue shall allow retailers to report and pay sales tax measured by gross receipts upon a cash basis if:

1. (1) The retailer has not changed his basis in the previous calendar year;
2. (2) The retailer's records are kept in a manner which may be audited to determine whether sales tax is paid upon all taxable sales;
3. (3) The retailer has made a written request to the secretary for authority to pay tax on the cash basis; and
4. (4) Authority to pay tax on the cash basis applies only to sales made after the authority is granted.

Source: SL 1983, ch 85 , § 1; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2011, ch 1 (Ex. Ord. 11-1 ), § 161, eff. Apr. 12, 2011.