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 during the current tax year, together with the estimated tax due thereon, less the amount withheld within the city, and less the tax credit allowed in § 191.1902 hereof, unless the entire taxable income is subject to withholding within the city, pursuant to § 191.1302 hereof. If the estimated tax for the current year, less the tax to be withheld and less such tax credit, amounts to not more than $10, no declaration or payment of estimated tax is required.
(Ord. 6695, passed 2-18-1975)