(A) All privilege license taxes shall be for the fiscal year in which the tax is due, unless otherwise specified, and shall expire on June 30 of each fiscal year.
(B) The privilege license tax is due on July 1 of each year.
(C) If, however, a person begins a business after July 1, the tax for that year must be paid before the business is begun.
(1988 Code, § 12-24)