(A) On or before January 31, 1997, each taxpayer shall make a return to the City Treasurer for the month of December, 1996, stating:
(1) His name.
(2) His principal place of business.
(3) His gross receipts during those months upon the basis of which the tax is imposed.
(4) Amount of tax.
(5) Such other reasonable and related information as the corporate authorities may require.
(B) On or before the last day of each and every month thereafter, each taxpayer shall make a like return to the City Treasurer for a corresponding period.
(C) The taxpayer making the return herein provided for shall, at the time of making such return, pay to the City Treasurer, the amount of tax herein imposed; provided, that in connection with any return the taxpayer may, if he so elects, report and pay an amount based upon his total billings of business subject to the tax during the period for which the return is made (exclusive of any amounts previously billed) with prompt adjustments of later payments based upon any differences between such billings and the taxable gross receipts.
(D) Provided however, that in the event that the tax for any given one month is less than $5 per month, the taxpayer making the return shall file its return to the City Treasurer and include payment to the City Treasurer on a semi-annual basis. Said semi-annual return shall continue until such time that the amount of taxes remitted to the city on said semi-annual bases exceed $75. Thereafter, the taxpayer shall return to a monthly return and remittance.
(Ord. 668, passed 10-7-96) Penalty, see § 34.99