(a) The deduction from salaries, wages and other compensation required to be made by employers are to begin with compensation earned on and after January 1, 2004. The first return and payment required to be made on account of such deduction shall be made, filed and paid to the City Income Tax Administrator on or before April 30, 2004.
(b) Each employer within the City of Bucyrus who employs one or more persons on a salary, wage, commission, or other compensation basis shall deduct at the time of the payment of such salary, wage, commission, or other compensation, the tax of one (1) percent plus any other tax of limited duration imposed by ordinance or resolution of qualifying wages due by the said employer to the said employee and shall make a return and pay to the City Income Tax Administrator the amount of taxes so deducted as follows:
For the three (3) months ending March 31st, on or before April 30th;
For the three (3) months ending June 30th, on or before July 31st;
For the three (3) months ending September 30th, on or before October 31st;
For the three (3) months ending December 31st, on or before the following January 31st;
The reporting periods referred to in the preceding paragraphs are elastic to this extent: The employer will use the same quarterly accounting period for reporting taxes withheld under the City of Bucyrus Income Tax Ordinance as he uses in reporting quarterly taxes withheld to the Federal Government.
(c) Said return shall be on a form prescribed by and obtainable from the City Income Tax Administrator and shall be subject to the rules and regulations prescribed therefor by the City Income Tax Administrator.
(d) Commencing January 1, 2004, when the total amount of Bucyrus City Income Tax deducted from salaries, wages and other compensation required to be withheld by employers does not exceed $100.00 per month, or in those cases when the account is a so-called “Courtesy” account where the employer is not required by law to withhold from its employees, the return and payment of tax withheld may be filed quarterly as prescribed above. If the total tax withheld exceeds $100.00 per month, the employer must file the return and payment monthly as prescribed in subsection (f) hereof.
(e) For adjustment of errors in returns of tax withheld by employers see Section 187.22.
(f) Commencing January 1, 2004, when the total amount of Bucyrus City Income Tax deducted from salaries, wages and other compensation required to be withheld by employers exceeds $100.00 per month, a return and payment are required to be filed on account of such deduction to the City Income Tax Administrator on or before the last day of each following month in 2004, and thereafter. (Res. 240-2003. Passed 12-30-03.)