A. A taxpayer may file tax returns in each reporting period with amounts based upon cash receipts only if the taxpayer's books of account are kept on a cash receipts basis. A taxpayer that does not regularly keep books of account on a cash receipts basis must file returns with amounts based on the accrual method.
B. The taxes imposed and the returns required hereunder shall be upon a calendar year basis. (Ord. 828, 12-17-2007, eff. 1-1-2008)