(A) Upon a person making application for the first license to be issued hereunder or for a newly established business, in all cases where the amount of license tax to be paid is measured by gross receipts, such person shall furnish to the Finance Director for his guidance in ascertaining the amount of license tax to be paid by the applicant, a written statement, upon a form provided by the Finance Director sworn to before a person authorized to administer oaths, setting forth such information as may be therein required and as may be necessary to determine the amount of the license tax to be paid by the applicant.
(B) If the amount of the license tax to be paid by the applicant is measured by gross receipts, he shall estimate the gross receipts for the period to be covered by the license to be issued. Such estimate, if accepted by the Finance Director as reasonable, shall be used in determining the amount of license tax to be paid by the applicant; provided, however, the amount of the license tax so determined shall be tentative only, and such person shall, within 30 days after the expiration of the period for which such license was issued, furnish the Finance Director with a sworn statement, upon a form furnished by the Finance Director, showing the gross receipts during the period of such license, and the license tax for such period shall be finally ascertained and paid in the manner provided by this chapter for the ascertaining and paying of renewal license taxes for other businesses, after deducting from the payment found to be due, the amount paid at the time such first license was issued.
(C) The Finance Director shall not issue to any such person another license for the same or any other business, until such person shall have furnished to him the written statement and paid the license tax as herein required.
(Ord. 1374, passed 6-2-04)