(A) On the last day of December, 1984, each taxpayer shall make a return to the Village Collector for the month of November 1984 stating:
(1) Name.
(2) Principal place of business.
(3) Gross receipts during those months upon the basis of which the tax is imposed.
(4) Amount of tax.
(5) Such other reasonable and related information as the corporate authorities may require.
(B) On or before the last day of every month thereafter, each taxpayer shall make a like return to the Village Collector for a corresponding one-month period.
(C) The taxpayer making the return herein provided for shall, at the time of making such return, pay to the Village Collector, the amount of tax herein imposed; provided that in connection with any return the taxpayer may, if he or she so elects, report and pay an amount based upon his or her total billings of business subject to the tax during the period for which the return is made (exclusive of any amounts previously billed) with prompt adjustments of later payments based upon any differences between such billings and the taxable gross receipts.
(D) If a return is not made and/or tax is not paid within 30 days of due date, it shall be deemed delinquent, and the taxpayer shall be subject to such penalties as are hereinafter set forth.
(E) The provisions of this section shall be effective as of December 1, 1984. However, any amounts due or payable to the village under this section for any tax periods ending prior to December 1, 1984 shall nevertheless remain payable under this section as if it has not been amended.
(`95 Code, § 35.29) (Am. Ord. 84-5, passed 3-28-84; Am. Ord. 84-18, passed 10-24-84) Penalty, see § 35.999