(a) The taxpayer making a return shall, at the time of filing thereof, pay to the Administrator the amount of taxes shown as due thereon, provided, however, that:
(1) Where any portion or the tax so due shall have been deducted at the source pursuant to the provisions of Section 882.18; or
(2) Where any portion of said tax shall have been paid by the taxpayer pursuant to the provisions of Section 882.19; or
(3) Where an income tax has been paid on the same income to another municipality;
Credit for the amount so deducted from the amount shown to be due shall be given, and only the balance, if any, shall be due and payable at the time of filing said return.
(b) A taxpayer who has overpaid the amount of tax to which the Village is entitled under the provisions of this chapter may have such overpayment applied against any subsequent liability hereunder or, at his or her election, indicated on the return, such overpayment (or part thereof) shall be refunded, provided that no additional taxes or refunds of less than one dollar ($1.00) shall be collected or refunded.
(c) If any employer who or that is liable for tax obligations imposed by this chapter undergoes a fundamental change, then the employer and its manager shall be liable for taxes due up to the date of the fundamental change. Taxes and final tax returns shall be due immediately after the fundamental change. Any successor employer shall withhold from any purchase price that the successor owes to the predecessor an amount sufficient to pay all unpaid taxes, interest and penalties which the predecessor employer owes pursuant to this chapter. The successor employer shall make such withholding until such time that the predecessor employer has paid such taxes, interest and penalties. If the successor fails to withhold said amount, then the successor and, in a personal manner, the successor's manager, shall be jointly and severally liable for the payment of said taxes, interest and penalties.
(Ord. 86-96. Passed 11-6-96.)