(A) The tax levied by this subchapter shall be due and payable in quarterly installments on or before the expiration of one month from the end of the calendar quarter in which they accrue. The taxpayer shall, within one month from the expiration of each quarter, make a return reporting the computation of tax for which it is liable for each quarter; sign and mail the completed return, together with any remittance due, to the location specified by the Treasurer. In reporting and remitting the amount of the tax, interest and penalties due for each quarter, the taxpayer may deduct the quarterly credit allowed by § 110.068. The Treasurer may allow return and payment under this section for periods other than quarterly periods.
(B) On or before 31 days after the end of the tax year, each person liable for the payment of tax under this subchapter shall make a fourth quarter return, showing the gross proceeds of sale or gross income of business, trade, calling or activity, computing the amount of tax, interest and penalty chargeable against the person in accordance with the provisions of this subchapter and transmit with the return a remittance in the sum required by this subchapter, covering the remainder of the tax, interest and penalty chargeable against the person for the tax year, to such location or locations specified by the Treasurer. Such returns shall be verified by the oath of the taxpayer, if made by an individual, or by the individual designated by a taxpayer that is an entity to take the oath on behalf of the taxpayer.
(C) All remittances and payments of tax, interest and penalty imposed by this subchapter shall be made to the Treasurer, in lawful money of the United States or by bank draft, certified check, cashier’s check or other commercially acceptable means specified by the Treasurer, to be kept, deposited and accounted for as provided by law.
(1991 Code, § 6-34) (Ord. 070, passed 1-3-2008; Ord. 236, passed 5-18-2017)