(a) Every person who anticipates any taxable income which is not subject to Section 880.07, or who engages in any business, profession, enterprise or activity subject to the tax imposed by this chapter, shall file a declaration setting forth such estimated income or the estimated profit or loss from such business activity, together with the estimated tax due thereon, if any. However, if a person's income is wholly from wages from which the tax will be withheld and remitted to the Municipality in accordance with Section 880.07, such person need not file a declaration.
(b) Such declaration shall be filed on or before April 15 of each year during the life of this chapter, or within four months of the date the taxpayer becomes subject to the tax for the first time.
Those taxpayers on a fiscal year basis may file a declaration within four months after the beginning of each fiscal year or period.
(c) Such declaration shall be filed upon a form furnished by or obtainable from the Finance Director, provided that credit shall be taken for the Municipal income tax to be withheld from any portion of such income. In accordance with Section 880.16, credit may be taken for tax to be paid to, or to be withheld and remitted to, another taxing municipality.
The original declaration (or any subsequent amendment thereof) may be increased or decreased on or before any subsequent quarterly payment date provided for herein.
(d) Such declaration of estimated tax to be paid to the Municipality shall be accompanied by a payment of at least one-fourth of the estimated annual tax and at least a similar amount shall be paid on or before the last day of the seventh, tenth and thirteenth months after the beginning of the taxable year. However, if an amended declaration has been filed, the unpaid balance shown to be due thereon shall be paid in equal installments on or before the remaining payment dates.
(e) For taxable years beginning on or after January 1, 2005, a taxpayer subject to any municipal corporation's tax on the net profit from a business or profession may make payments of amount shown on declaration of estimated tax due by using the Ohio business gateway.
(f) On or before the fifteenth day of the fourth month of the year following that for which such declaration or amended declaration was filed, an annual return shall be filed and any balance which may be due to the Municipality shall be paid therewith in accordance with Section 880.06.
(Res. 29-00. Passed 12-12-00; Ord. 28-04. Passed 11-9-04.)