(a) In accordance with the Rules and Regulations prescribed by the Finance Director, each employer within or doing business within the City of Campbell shall deduct at the time of payment of such salary, wage, commission or other compensation, the tax of two and one-half percent (2.5%) of the gross salaries, wages, commissions or other compensation due by the said employer to said employees and shall, on or before the last date of the month following the close of each calendar quarter, make a return and pay the Finance Director the amount of taxes deducted. Said return shall be on a form or forms prescribed by or acceptable to the Finance Director and shall be subject to the rules and regulations prescribed therefor by the Finance Director. Such employer shall be liable for the payment of the tax required to be deducted and withheld whether or not such taxes have in fact been withheld.
(Ord. 2013-0150. Passed 3-6-13.)
(b) Such employer, in collecting said tax, shall be deemed to hold the same, until payment is made by such employer to the City of Campbell, as a trustee for the benefit of the City and any such tax collected by such employer from his employees shall, until the same is paid to the City, be deemed a trust fund in the hands of such employer.
(Ord. 03-9440. Passed 6-4-03.)