(A) Income tax that has been deposited with City of Bellefontaine, but should have been deposited with another municipality, is allowable by City of Bellefontaine as a refund but is subject to the three-year limitation on refunds.
(B) Income tax that was deposited with another municipality but should have been deposited with City of Bellefontaine is subject to recovery by City of Bellefontaine. If City of Bellefontaine's tax on that income is imposed after the time period allowed for a refund of the tax or withholding paid to the other municipality, City of Bellefontaine shall allow a nonrefundable credit against the tax or withholding City of Bellefontaine claims is due with respect to such income or wages, equal to the tax or withholding paid to the first municipality with respect to such income or wages.
(C) If City of Bellefontaine's tax rate is less than the tax rate in the other municipality, then the nonrefundable credit shall be calculated using City of Bellefontaine's tax rate. However, if City of Bellefontaine's tax rate is greater than the tax rate in the other municipality, the tax due in excess of the nonrefundable credit is to be paid to City of Bellefontaine, along with any penalty and interest that accrued during the period of nonpayment.
(D) Nothing in this section permits any credit carryforward.
(Ord. 15-74. Passed 12-2-15.)