191.08 DECLARATIONS.

   (a)    Every person who anticipates any taxable income which is not subject to Section 191.07 or who engages in any business, profession, enterprise or activity subject to the tax imposed by Section 191.03, may file a declaration setting forth such estimated income or the estimated profit or loss from such business activity together with the estimated tax due thereon, if any, provided, however, that if a person's income is wholly from wages from which the tax will be withheld and remitted to the City in accordance with Section 191.07, such person need not file a declaration.

   (b)    The declaration should be filed on or before April 30 of each year during the life of this chapter, or within four months of the date the taxpayer becomes subject to the tax for the first time.

   (c)    Those taxpayers reporting on a fiscal year basis should file a declaration within four months after the beginning of each fiscal year or period.

   (d)    The declaration may be filed upon a form furnished by or obtainable from the Administrator. Credit shall be taken for City income tax to be withheld, if any, from any portion of such income. In addition, credit may be taken for tax payable to other taxing municipalities in accordance with the provisions of Section 191.16.

(Ord. 01-126. Passed 11-26-01.)

   (e)   The original declaration, or any subsequent amendment thereof, may be increased or decreased on or before any subsequent quarterly payment date as provided for herein.
(Ord. 67-50. Passed 9-25-67.)

   (f)   The taxpayer making the declaration may, at the time of the filing thereof, pay to the Administrator at least one-fourth of the estimated annual tax due after deducting:

      (1)    Any portion of such tax to be deducted or withheld at the source pursuant to Section 191.07;

      (2)    Any credits allowable under the provisions of Section 191.16; and

      (3)    Any overpayment of the previous year's tax liability, which the taxpayer has not elected to have refunded.

   (g)    At least a similar amount may be paid on or before the last day of the sixth, ninth and twelfth month after the beginning of the taxpayer's taxable year, provided that in case an amended declaration has been duly filed, or the taxpayer is taxable for a portion of the year only, the unpaid balance shall be paid in equal installments on or before the remaining payment dates.

(Ord. 01-126. Passed 11-26-01.)

   (h)   On or before the last day of the fourth month of the year following that for which such declaration or amended declaration was filed, an annual return shall be filed and any balance which may be due to the City shall be paid therewith in accordance with the provisions of Section 191.06.

(Ord. 67-50. Passed 9-25-67.)