In a form satisfactory to the City Income Tax Administrator there shall be submitted with each return filed by a taxpayer subject to the Federal Income Tax, a reconciliation between the amount shown in the return filed with the City Income Tax Administrator and the income reported to the Federal Internal Revenue Service.
If as a result of a change made in income by the Federal Internal Revenue Service, or by a judicial decision, an additional amount will result as owing to the City of Bucyrus, a report of such change shall be filed by the taxpayer within thirty (30) days after the receipt of the final notice of such change from the Federal Authorities or after final decisions of a Court adjudicating any such Federal Income Tax liability.
If such decision or decisions result in a lessening of tax, a refund may be applied for within a three (3) year period from the later of the filing date or date of notice of reduction by authorities.
(Res. 240-2003. Passed 12-30-03.)