175.1304 TIME OF FILING.

   (a)    The declaration required by Section 175.1303 shall be filed on or before April 15th of each year during the effective period set forth in Section 175.0502 or within four months of the date the taxpayer becomes subject to tax for the first time.

(Ord. 2005-05. Passed 1-24-05.)

   (b)    Except as provided in this section, every person shall file a declaration setting forth taxable income, including distributive shares of net profits of unincorporated business entities, estimated to be earned during the current tax year, together with the estimated tax due thereon, less the amount withheld within the Municipality and less the tax credit allowed in Section 175.1901, unless the entire taxable income is subject to withholding within the Municipality as provided in this chapter. If the estimated tax for the current year, less the tax to be withheld and less such tax credit, amounts to not more than ten dollars ($10.00), no declaration of payment of estimated tax is required.

(Ord. 73-41. Passed 11-19-73.)