(a) For taxpayers who are individuals, the declaration of estimated city income tax required by Section 191.1303, shall be accompanied by a payment of at least twenty-two and one-half percent (22.5%) of such taxpayer’s estimated city income tax for the taxable year, and at least twenty-two and one-half percent (22.5%) of such estimated city income tax shall be paid on or before each of the last day of the seventh, tenth and thirteenth months after the beginning of the taxable year.
(b) For taxpayers that are not individuals, the declaration of estimated city income tax required by Section 191.1303, shall be accompanied by a payment of at least twenty-two and one-half percent (22.5%) of such taxpayer’s estimated city income tax for the taxable year, and at least twenty-two and one-half percent (22.5%) of such estimated city tax shall be paid on or before each of the fifteenth day of the sixth, ninth and twelfth months after the beginning of the taxable year.
(c) No declaration shall be deemed filed unless accompanied by the required payment of estimated city income tax.
(d) Declarations required to be filed by Section 191.1303 shall be deemed filed when the declaration with required payment are post-marked by the United States Postal Service or the date of receipt recorded by authorized delivery service as defined in RC 5703.056. Declarations otherwise delivered with the required payment to the Tax Administrator during normal business hours shall be deemed filed on the date received.
(e) A declaration of estimated city income tax may be amended at any time, in accordance with the Rules and Regulations. In the event that an amended declaration has been filed, the unpaid balance shown due thereon shall be paid in equal installments on or before the remaining payment dates set forth in this section.
(Ord. No. 2208-04. Passed 12-13-04, eff. 12-17-04)