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CURRITUCK COUNTY OCCUPANCY TAX REPORT CONFIDENTIAL(OTP.rev01 2017)Report for the Month ofRETURN TO: CURRITUCK COUNTY TAX OFFICE P. O. BOX 9 CURRITUCK NC 27929 , 20 NOTE: REPORTS ARE DUE BY THE 20TH.

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How to fill out the OCCUPANCY TAX REPORT online

Completing the OCCUPANCY TAX REPORT online is an important task for individuals and businesses renting accommodations. This guide provides clear, step-by-step instructions to help users fill out the form accurately and efficiently.

Follow the steps to complete the OCCUPANCY TAX REPORT online.

  1. Click 'Get Form' button to obtain the form and open it in the online editor.
  2. Enter the month for which you are reporting in the designated field. Ensure that you use the correct month and year to avoid confusion.
  3. Complete your Sale Tax I.D. number and provide your telephone and cell phone numbers to ensure the Tax Office can contact you if needed.
  4. Fill out the name of your firm or owner and the rental location, including the street address and mailing address. If applicable, include the house or cottage name.
  5. Provide your email address for further correspondence regarding your report.
  6. Indicate if there was no income during the reporting period by checking the appropriate box. If your business is seasonal, mention the dates when your business will be closed.
  7. If your business has ceased operations, provide the date it stopped operating.
  8. Enter the gross receipts from your rentals, rounding to the nearest dollar. Ensure you categorize the total gross receipts by the location: Currituck County Outer Banks and Currituck County Mainland.
  9. Multiply your total gross receipts by 6% to calculate the tax owed. Enter the total tax below.
  10. If applicable, calculate and input any late filing penalty or late payment penalty, following the guidelines provided in the instructions.
  11. Calculate the total amount remitted, which includes any applicable penalties and the tax owed.
  12. Complete the certification section, including the date and your signature. Ensure that the form is signed by the correct individual, as specified in the instructions.
  13. Once all fields are completed, save your changes and, if necessary, download, print, or share the OCCUPANCY TAX REPORT as needed.

Complete your OCCUPANCY TAX REPORT online today to ensure timely filing and compliance.

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Occupancy costs are the total amount of property-related expenses paid by a tenant for use of a particular space. Occupancy costs include base rent as well as expense reimbursements paid by the tenant such as CAM charges but excludes business operating expenses such as payroll and sales tax.

Any person who has a written agreement with the operator, entered into within the first thirty (30) days of the person's occupancy, which states the person will stay for more than thirty (30) consecutive calendar days is exempt from the TOT, for the first 30 days of the person's stay.

More Definitions of Business occupancy Business occupancy means any building or portion thereof or a room or rooms used or occupied by a person to carry on a business, profession, trade or occupation for gain or profit.

“Occupancy” means taking possession of a room(s) for the purpose of dwelling, sleeping or lodging. ( Sec. 4.72.020 E Definitions)

Occupancy Costs, or the total of all expenses the tenant pays for their retail space, is usually displayed as a ratio to sales. The formula Annual Gross Rent divided by Annual Sales = Occupancy Cost (as a %) is easy to calculate.

Rates. The state hotel occupancy tax rate is 6 percent (. 06) of the cost of a room. Cities and certain counties and special purpose districts are authorized to impose an additional local hotel tax that the local taxing authority collects.

State of North Carolina The State imposes both a statewide 4.75% tax and a local 2-2.75% tax, which varies by county. For detailed information, visit North Carolina's website. City and/or County Occupancy Tax: All locally imposed occupancy taxes will be collected on reservations in North Carolina.

Occupancy costs are those costs related to occupying a space including; rent, real estate taxes, personal property taxes, insurance on building and contents, depreciation, and amortization expenses. These are generally higher in new entrants to a market due to the escalating real estate prices.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232