Except as provided in this section, every person shall file a declaration setting forth taxable income, including distributive shares of net profits of unincorporated business entities, estimated to be earned by such person during the current tax year, together with the estimated tax due thereon, less than tax withheld within the Municipality and less the tax credit allowed in Section 181.03, unless such person anticipates that such tax will be fully withheld within the Municipality, and any income earned outside of the Municipality will be fully taxed at the same or higher rate of tax in another municipality or Joint Economic Development District. If the estimated tax for the current year, less the tax to be withheld and less such tax credit, amounts not more than sixty dollars ($60.00), no declaration or payment of estimated tax is required.
(Ord. 37-03. Passed 12-16-03.)