(A) Power to prescribe regulations. The finance director is hereby charged with the enforcement of provisions of this article, and is hereby empowered to prescribe, adopt and promulgate, and enforce rules and regulations relating to any matter pertaining to the administration and enforcement of the provisions of the article, including, but not limited to, provisions for the reexamination and correction of returns to which an underpayment or overpayment is claimed or found to have been made. The rules and regulations as promulgated by him shall be binding upon the licensee and employers. Provided, however, all such rules, regulations and decisions shall be subject to the consent and approval of the mayor.
(B) Authority to examine finance records. The director, or any agent or employee designated by the finance director in writing, may examine the books, papers, and records of any employer, or supposed employer or of any licensee, or supposed licensee in order to determine the accuracy of any return made, or if no return was made, to ascertain the amount of license fee imposed by the terms of this article as the finance officer may deem reasonably necessary. Each employer or supposed employer or licensee or supposed licensee is hereby directed and required to give to finance director or his or her duly authorized agent or employee the means, facilities and opportunity for the examination and investigation as are hereby authorized. The finance director is hereby authorized to examine any person under oath concerning any wages, salaries, commissions or other compensation or net profits which were or should have been returned; and to this end, he or she may compel the production of books, papers, records including copies of forms and schedules filed with the Internal Revenue Service or the Secretary of the Revenue Cabinet and the attendance of all persons before him or her, whether as parties or witnesses, whom he or she believes to have knowledge of the wages, salaries, commissions or other compensation or net profits, to the extent that any officer empowered to administer oaths in the state is permitted to so order. The finance director may enforce this right by application to the appropriate court having jurisdiction over these matters.
(Ord. No. 21.90, 10-16-90; Amd. Ord. No. 3.93, 3-2-93; Amd. Ord. No. 15-08, 7-1-08; Amd. Ord. No. 08-14, § 1, 4-15-14)