(A) Each person subject to the provisions of this chapter shall maintain a record showing gross receipts as defined in this chapter, but a separate record shall not be required if the licensee’s regular records contain the information. Whenever the City Clerk considers it necessary for proper administration of this chapter, a licensee shall permit an officer or employee of the city of make an audit of the records and any other books, papers, files, equipment, stock or inventory of the licensee, and to examine witnesses under oath for the purpose of determining whether any provisions of this chapter are being violated. If the City Clerk determines, on a basis of auditing returns of a licensee, or on a basis of audits of a licensee’s records, books, papers, files, equipment, stock or inventory, or on basis of examination of witnesses under oath, that the amount of license tax has not been paid, a notice shall be given to the licensee of the additional amount due, which shall be paid by the licensee with 30 days with the penalty as provided. The notice of additional tax or a notice that no tax has been paid may be served and the amount of license tax may be collected by the City Clerk at any time within five years after the license tax was payable under this chapter.
(B) The records are to be preserved to enable the City Clerk or any agent or employer of the City Clerk to verify the correctness of the return filed.
(Ord. G-D, Series 1989, passed - -89)