161.06 COLLECTION AT SOURCE.

   (a)    (1)    Each employer within or doing business within the City who employs one or more persons on a salary, wage, commission or other compensation basis shall at the time of payment thereof deduct the tax at its then applicable percentage from the gross salaries, wages, commissions or other compensation earned by all employees.

         (Ord. 151-1990. Passed 9-24-90.)

      (2)   Each such employer shall, on or before the twentieth day of the month following each calendar month, make a return and remit to the City the tax hereby required to be withheld. Such return shall be on form or forms prescribed by or acceptable to the Tax Administrator. 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. The Administrator may grant approval for quarterly filings and payment, which shall be made on or before the last day of the month following the end of the quarter, when it is to the best interest of the City to do so.

         (Ord. 101-93. Passed 9-28-93.)

      (3)    On or before January 31 following any calendar year, such employer shall file with the Tax Administrator an information return for each employee from whom the City Income tax has been or should have been withheld, showing the name, address and social security number of the employee, the total amount of compensation paid during the year and the amount of the City income tax withheld from such employee.

         (Ord. 151-1990. Passed 9-24-90.)

   (b)    Such employer in collecting such tax shall be deemed to hold the same, until pay ment is made by such employer to the City, 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. 26-1970. Approved by voters May 5, 1970; Ord. 114-1974. Passed 5-13-74.)