The statements of estimated and aggregate gross receipts shall be filed with the city as follows:
(A) Any person subject to and being licensed under this chapter shall pay the license fee quarterly by the fifteenth of the month beginning the license period, January 15, July 15, and October 15, the amount of the fee being based on the gross receipts of the preceding quarter ending March 31, June 30, September 30, and December 31. Payment shall be made by making and filing with the City Clerk, a return on a form furnished by and obtainable from the City Clerk, setting forth the aggregate amount of gross receipts during the preceding quarter with any other pertinent information as the City Clerk may require. The return shall also show the amount of the license fee imposed by this chapter.
(B) Any business which so desires may estimate its income for any quarter and pay the tax on the estimation, giving final figures at the close of the year no later than April 15, of the next preceding year at which time an adjustment of the fees charged will be made. In the event any estimate is ten percent (10%) below the actual gross receipt, there will be due a five percent (5%) penalty on amounts not timely paid.
(C) The person making the return shall, at the time of the filing thereof, pay to the City Clerk the amount of the license fee shown as due and payable thereon under the terms of this chapter and shall bear a penalty at the rate of five percent (5%) and an additional penalty of one percent (1%) per month until paid on all amounts paid after the respective deadline.
(Ord. 23-1990, passed - -; Am. Ord. 25-1991, passed - -; Am. Ord. 1-2006, passed 2-7-06; Am. Ord. 5-2007, passed 6-25-07; Am. Ord. 3-2009, passed 7-21-09)
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Cross reference:
Penalty for violation, see § 60.999