(A) Every person whose earnings or net profits are subject to the occupational license fee imposed by this chapter shall, on or before May 15 of each year, make and file a return with the City Clerk. In the return filed, there shall be set forth the aggregate amount of salaries, wages, bonuses, incentive payments, commissions, fees and other compensation received or net profits earned (as hereinbefore defined) by and during the preceding year within the city and subject to the said license fee, together with such other pertinent information as the City Clerk may require Form OL-S, Single Tax District Standard Kentucky Local Occupational License Fee return which has been developed in accordance with KRS 67.750 through 67.795 and shall be used to file the return. The Kentucky Secretary of State is the repository for all local ordinances, tax forms, instructions and other information, available at: http://app.sos.ky.gov/occupationaltax.
(B) Where the entire earnings for the year are paid by one and the same employer and the occupational license fee has in each instance been withheld or deducted by the employer from the gross amount of compensation without adjustment for expenses, it shall not be necessary for such employee to file a return for the year unless required or requested to do so by the City Clerk.
(C) The person making the return shall, at the time of filing thereof, pay to the City Clerk the amount of occupational license fee shown to be due by the return.
(D) Where any portion of the occupational license fee otherwise due shall have been deducted at the source and shall have been paid to the City Clerk by the person making the said deduction, a credit equal to the amount so paid shall be deducted from the amount shown to be due and only the balance, if any, shall be due and payable at the time of the filing of said return.
(Ord. 2017-12, passed 12-11-2017; Ord. 2020-11, passed 6-22-2020)