181.19 PAYMENT OF TAX INSTALLMENTS.

   (a)    At the time of filing each declaration (required by Section 181.18) each taxpayer shall pay to the Tax Administrator  one-fourth of the amount of his estimated annual tax. Thereafter, on or before June 30, September 30 and December 31 of each year during the time that Chapter 183 is in effect such taxpayer shall pay at least a similar amount. However, if any such taxpayer shall, on or before any such payment date, file an amended declaration showing an increase or decrease of the estimated tax, the installments then and thereafter due shall be increased or diminished (as the case may be) in such manner that the balance of the estimated tax shall be fully paid on or before December 31 of the taxable year involved through the payment of quarterly installments in equal amounts during the quarterly periods remaining from and after the filing of any such amended declaration.

   (b)    Taxpayers who or which are permitted to make returns and pay their tax on a fiscal year basis (see Section 181.10) may make the quarterly payments on their declaration of estimated tax pursuant to Section 181.18(d).

   (c)    For final returns and final adjustment of tax due, see Section 181.13.

(Ord. 2004-07.  Passed 9-29-04.)