The taxes levied hereunder shall be due and payable in quarterly installments on or before the expiration of one month from the end of the quarter in which they accrue. The taxpayer shall, within one month from the expiration of each quarter, make out a return upon a form prescribed by the Collector, showing the gross proceeds of sale, or gross income of business trade or calling and compute the amount of the tax for which he is liable for such quarter and sign and mail the same, together with a remittance in the form as required by this article for the amount of the tax to the office of the Collector. In reporting and remitting the amount of the tax, interest and penalties due for each quarter, the taxpayer may deduct the credit allowed by Section 733.13 of this article. The Collector may allow return and payment under this section for periods other than quarterly periods. On or before thirty-one (31) days after the end of the tax year, each person liable for the payment of tax under this article shall make a fourth quarter return, showing the gross proceeds of sale or gross income of business, trade, calling or activity, computing the amount of tax, interest and penalty chargeable against the person in accordance with the provisions of this article and transmit with the return a remittance in the sum required by this article, covering the remainder of the tax, interest and penalty chargeable against the person for the tax year, to such location or locations specified by the Collector. Such returns shall be verified by the oath of the taxpayer, if made by an individual, or by the individual designated by a taxpayer that is an entity to take the oath on behalf of the taxpayer. Such return shall contain a statement as deemed acceptable to the Collector, such as:
"I declare under penalties of perjury, that this return (including any accompanying schedules and statements) has been examined by me and to the best of my knowledge and belief, is a true, correct and complete return."
The Collector, if he deems it necessary to insure payment of the tax, may require return and payment under this section for other than quarterly periods. If for any reason it is not practicable for the individual taxpayer to sign the same, the signature may be by any duly authorized agent.
Furthermore, the Collector, if he deems it necessary to insure payment of the tax, may require a deposit to be paid by the Taxpayer prior to when the taxes accrue and are otherwise payable pursuant to this article. The amount of the deposit shall be determined and/or based upon the taxpayer's projected gross income or gross proceeds of sale for the applicable tax period. This deposit shall be paid to the office of the Collector, at a date and time, and in a manner determined by the Collector. (Ord. 2019-07. Passed 12-2-19.)