181.06 COLLECTION AT SOURCE.
   (a)   In accordance with this chapter and the Rules and Regulations, each employer within or doing business with the Village shall deduct at the time of the payment of such salary, qualifying wage, commission, income, or other compensation, the tax of one (1%) percent of the gross salaries, qualifying wages, commissions, income or other compensation, due by the said employer to said employee and shall, on or before the last day of the month following the close of each calendar quarter make a return and pay to the Tax Administrator the amount of taxes so deducted. Said returns shall be on a form or forms prescribed by or acceptable to the Tax Administrator and shall be subject to the rules and regulations prescribed therefor by the Tax Administrator. Such employer shall be liable for the payment of the tax required to be deducted and withheld, whether or not such taxes have in fact been withheld.
   (b)   Such employer in collecting said tax shall be deemed to hold the same, until payment is made by such employer to the Village as a Trustee for the benefit of the Village, and any such tax collected by such employer from his employees, shall until the same is paid to the Village, be deemed a trust fund in the hands of such employer.
   (c)   On or before January 31 of each year during which this chapter is in effect, each employer shall file a withholding return setting forth the names, addresses, and social security numbers of all employees from whose compensation the tax was withheld during the preceding calendar year and the amount of tax withheld from his employees and such other information as may be required by the Tax Administrator.
   (d)   All employers that provide any contractual service within the Village, and who employ subcontractors in conjunction with that service, shall provide the Village the names and addresses of the subcontractors. The subcontractors shall be responsible for all income tax withholding requirements under this chapter.
   (e)   An individual, association, corporation or other entity engaged in the business of construction work and who will perform construction work in the Village shall obtain a tax account number, issued by the Income Tax Department, prior to beginning construction work. The Income Tax Department shall also issue a certificate of registration which the contractor shall file with the Building Inspector. Failure to possess a valid certificate shall be cause for suspension of work by the Building Inspector and/or the Income Tax Department prior to the construction work commencing and/or during the performance of the construction work. Proof of possession of a valid certificate shall be necessary to commence or resume suspended construction work. The certificate of registration may be revoked by the Income Tax Department for failure by the contractor to remain current in the filing of required tax documents, and for failure to remain current in the required payment of taxes.
(Ord. 2002-18. Passed 11-4-02; Ord. 2004-35. Passed 12-20-04.)