(A) In accordance with rules and regulations prescribed by the Administrator, each employer within or doing business within this municipality shall deduct at the time of the payment of such salary, wage, commission or other compensation, the tax of 1% of the gross salaries, wages, commissions or other compensation due by the said employer to said employee and shall, on or before the last day of the month following the close of each calendar quarter make a return and pay to the Administrator the amount of taxes so deducted. Said returns shall be on a form or forms prescribed by or acceptable to the Administrator and shall be subject to the rules and regulations prescribed therefor by the Administrator. Such employer shall be liable for the payment of the tax required to be deducted and withheld, whether or not such taxes have in fact been withheld.
(B) Such employer in collecting said tax shall be deemed to held the same, until payment is made by such employer to this municipality, as a trustee for the benefit of this municipality and any such tax collected by such, employer from his or her employees, shall, until the same is paid to this municipality, be deemed a trust fund in the hands of such employer.
(C) The Tax Administrator for good cause may require immediate returns and payments to be submitted to his or her office.
(Ord. 538, passed 12-7-1953; Ord. 11-1963, passed 10-21-1963; Ord. 7-1968, passed 3-4-1968; Ord. 13-1968, passed 6-3-1968; Ord. 14-1973, passed 3-19-1973)