(a) Beginning January 1, 2010, for income tax purposes, every owner of one or more rental or leased units, whether residential, commercial, or industrial, within the Village of Cadiz is hereby directed to furnish to the Income Tax Administrator a semi-annual statement of the names and addresses of all persons who newly occupied or vacated such rental and leased units during the period covered by the required report. The semi-annual statement provided for herein shall be filed with the Income Tax Administrator on or before January 31 and July 31, unless an extension of time is granted by the Income Tax Administrator.
(1) Each owner, or the duly designated agent thereof, shall incur after thirty (30) days of the specified dates, a penalty of ten dollars ($10.00) per month per tenant, up to a maximum of five hundred dollars ($500.00), for failure to comply with section (a) above. This penalty shall be assessed for each instance of failure to comply with the reporting requirement.
(b) Beginning January 1, 2010, all employers, contractors or subcontractors who do work in the Village of Cadiz shall register with the Income Tax Administrator. The Income Tax Administrator may request a list of all employees, subcontractors, contractors or others who may do work for them within the Municipality whose profits, wages, or earnings are not presently subject to withholding of the Village of Cadiz income tax (including but not limited to 1099 MISC).
(1) Failure to register with the Income Tax Administrator as specified in subsection (b) hereof, within fifteen (15) days of beginning work shall result in a two hundred fifty dollar ($250.00) penalty.
(2) Failure to provide a listing as specified in subsection (b) hereof, within the same fifteen (15) days, shall result in a two hundred fifty dollar ($250.00) penalty. (Ord. 2009-18. Passed 11-19-09.)