(A) Every individual who resides in the City of Maumee who receives net profits, qualifying wages, commissions or other taxable income for work done or services performed or rendered outside the City of Maumee, and who is liable and has paid to another municipality an income tax on the same income taxable and taxed under this chapter, shall be allowed a credit against the tax imposed by this chapter of the amount so paid by him or on his behalf to such other municipality, but not in excess of the tax assessed by this chapter on such income. The tax credit allowed on employee compensation must be figured separately on each source of income after it is reduced by the applicable Form 2106 expenses. The tax credit allowed is obtained by multiplying the lower of the tax rate of such other municipality, or of this municipality, by the taxable income earned in or attributable to the municipality of employment or business activity. Income taxed by another municipality that is offset by a loss is not eligible for credit and no loss is permitted to offset qualifying wages per section 194.03(1)(H)(ii) of this Chapter. The total tax credit allowed cannot exceed the Maumee tax liability.
(B) If the tax due such other municipality has been paid to or withheld in such other municipality, a resident of Maumee may claim credit for and assign to Maumee any claim for refund to which he may be entitled from such other municipality providing it is made within the time which a claim for refund may be made as prescribed in section 194.096 of this Chapter. In the event an amount is not received by Maumee equal to such credit claimed and allowed by reason of tax payments made to, or withheld in, such other municipality then the taxpayer shall be liable to Maumee for an amount by which the claimed credit exceeds the amount recovered on such assignment by Maumee, together with penalty and interest. If satisfactory evidence is offered, however, that the taxpayer is entitled to the claim covered by the assignment, such taxpayer shall not be deprived of credit therefor because of fault or neglect on the part of either municipality.
(C) Assignment of any claim for refund to which a Maumee resident may be entitled from another municipality shall be tentatively accepted as payment of that portion of the Maumee income tax represented by such assignment shall not be refunded until such assignment has been remitted to Maumee by such other municipality.
(D) The credits provided for shall not be allowed unless the same are claimed in a timely return or form acceptable to, and filed with the Tax Administrator and presents such evidence of the payment of a similar tax to another municipality as required by the Tax Administrator. In the event a taxpayer fails, neglects or refuses to file such timely return or form he shall not be entitled to such credit and shall be liable for the full amount of tax assessed by this chapter, together with such interest and penalties, both civil and criminal, as are prescribed in this chapter.
(E) No credit shall be given for any state or school district income tax.
(Ord. 169-2015. Passed 10-5-15.)