Chapter 18 TAXATION, REVENUE AND MISCELLANEOUS BUSINESS REGULATIONS*

Section 18-62 Occupation taxes levied on business to be transacted during current calendar year; filing of returns showing gross receipts during preceding calendar year.

    (a)    All occupation taxes levied under this article are levied on the amount of business to be transacted during the current calendar year. However, for the convenience of both the city and the  taxpayer, each business subject to the occupation tax levied in section 18-49 hereof shall, on or before the dates hereinafter set forth, file with the city clerk the return hereinafter specifically  provided for, showing the gross receipts of that business during the preceding calendar year. This return shall be used as the basis for making estimated payments on the occupation tax for the current calendar year. The actual and final amount of tax levied for business transacted in the current calendar year shall be paid in accordance with a final return to be made after the end of the year, in accordance with the procedure set forth here.

    (b)    The owner, proprietor, manager, or secretary officer of the business subject to such occupation tax of the current calendar year shall, at the end of the preceding year, and on or before  April 15th of the current calendar year file with the city clerk, on a form furnished by such officer, a signed return setting forth the amount of gross receipts of such business for the entire preceding  calendar year. This return will be used to determine the final tax for the calendar year just  completed and as an estimate of the gross receipts and occupation tax for the current year.

    (c)    Where the business subject to the occupation tax for the calendar year has been conducted for only a part of the preceding year, the amount of gross receipts for such part shall be reported in such return. Such return shall also show a figure putting the receipts for such part of a year on an annual basis with the part-year receipts bearing the same ratio to the whole-year gross receipts as the part-year bears to the whole year. Such figure shall be used as the estimate of the gross receipts of the business for the current calendar year in establishing the business liability.

(Ord. of 12-27-95(3),  I)