(A) If as a result of investigation conducted by the City Clerk/Treasurer/Tax Collector a return is found to be incorrect, the City Clerk/Treasurer/Tax Collector is authorized to assess and collect any underpayment of the license fee with respect to net profits. If no return has been filed and a license fee is found to be owing, the fee actually owing may be assessed and collected with or without the formality of obtaining a delinquent return from the licensee.
(B) Should it be disclosed either as a result of an investigation by the City Clerk/Treasurer/Tax Collector or through the medium of the filing of a claim or petition for refund or credit, that overpayment has been made, the city will refund such payment.
(Prior Code, § 110.12) (Ord. A-27, passed 3-24-1969)