880.22   RETURNS OF TAX WITHHELD; PAYMENT.
   The deduction from salaries, wages and other compensation required to be made by employers are to begin with compensation earned on and after July 1, 1991. The first return and payment required to be made on account of such deductions shall be made, filed and paid to the Clerk-Treasurer between October 1, 1991, and October 31, 1991.
   Each employer within the Municipality who employs one or more persons on a salary, wage, commission or other compensation basis shall deduct monthly, or more often than monthly, and at the time of the payment of such salary, wage, commission, or other compensation, the tax of one and one-half percent of salaries, wages, commissions or other compensation due by the said employer to the said employee and shall make a return and pay to the Clerk-Treasurer the amount of taxes so deducted as follows:
   For the three months ending March 31, on or before April 30;
   For the three months ending June 30, on or before July 31;
   For the three months ending September 30, on or before October 31;
   For the three months ending December 31, on or before the following January 31.
   The reporting periods referred to in the preceding paragraphs are elastic to this extent: The employer will use the same quarterly accounting period for reporting taxes withheld under the Grafton Income Tax Ordinance as is used in reporting quarterly taxes withheld to the Federal Government.
   Notwithstanding the preceding paragraphs, and beginning October 1, 2000, employers who deduct the above outlined taxes from salaries, wages and other compensation in the amount of one hundred dollars ($100.00) or more per month shall pay to the Clerk-Treasurer, before the last day of the following month, the amount of taxes so deducted on a monthly basis beginning with the first month the employer exceeds one hundred dollars ($100.00) in taxes withheld and continuing on a monthly basis thereafter.
   Taxes not paid in accordance with this section shall be charged interest and penalties as provided for in Section 880.13.
   Said return shall be on a form prescribed by and obtainable from the Clerk- Treasurer and shall be subject to the rules and regulations prescribed therefor by the Clerk-Treasurer.
   For adjustment of errors in returns of tax withheld by employers see Section 880.28.
(Res. 580. Passed 12-8-70; Ord. 00-024. Passed 8-1-00; Ord. 00-030. Passed 8-1-00.)