(a) Filing Tax Return. Each taxpayer, except as herein provided, shall whether or not a tax is due thereon, make and file a return on or before April 30 of the year following the effective date of this chapter, and on or before April 30 of each year thereafter. When the return is made for a fiscal year or other period different from the calendar year, the return shall be filed within four months from the end of such fiscal year or period.
(Ord. 182-93. Passed 12-6-93.)
(b) Return Forms; Contents. The return shall be filed with the Administrator on a form or forms furnished by or obtainable upon request from such Administrator setting forth:
(1) A. The aggregate amount of salaries, wages, commissions and other compensation earned; and
B. The gross income from a business, profession or other activity less ordinary, reasonable and necessary expenses incurred in the acquisition of such gross income.
C. Such income shall include only income earned during the year, or portion thereof, covered by the return and subject to the tax imposed by this chapter.
(2) The amount of tax imposed by this chapter on earnings and profits; and
(3) Such other pertinent statements, information returns or other information as the Administrator may require.
(c) Extended Time Period for Filing Return. The Administrator may extend the time for filing of the annual return upon the request of the taxpayer for a period of not to exceed six months, or one month beyond any extension requested of or granted by the Internal Revenue Service for the filing of the federal income tax return. The Administrator may require a tentative return, accompanied by payment of the amount of tax shown to be due thereon by the date the return is normally due. No penalty or interest shall be assessed in those cases in which the return is filed and the final tax paid within the period as extended.
(Ord. 85-73. Passed 8-6-73.)
(d) Payment of Taxes at Time of Filing.
(1) The taxpayer making a return shall, at the time of filing thereof, pay to the Administrator the amount of taxes shown as due thereon; provided, however, that where any portion of the tax so due the City of Medina shall have been deducted at the source pursuant to the provisions of Section 161.06, only the balance, if any, shall be due and payable at the time of filing said return.
(Ord. 145-94. Approved by voters 11-8-94.)
(2) A taxpayer who has overpaid the amount of tax to which this Municipality is entitled under the provisions of this chapter may have such overpayment applied against any subsequent liability hereunder or, at his election indicated on the return, such overpayment (or part thereof) shall be refunded, provided that no additional taxes or refunds of less than five dollars ($5.00) shall be collected or refunded.
(Ord. 182-93. Passed 12-6-93.)
(e) Amended Returns.
(1) Where necessary an amended return must be filed in order to report additional income and pay any additional tax due, or claim a refund of tax overpaid, subject to the requirements and/or limitations contained in Sections 161.11 and 161.99. Such amended returns shall be on a form obtainable on request from the Administrator. A taxpayer may not change the method of accounting or apportionment of net profits after the due date for filing the original return.
(2) Within three months from the final determination of any federal tax liability affecting the taxpayer's of the City tax liability, such taxpayer shall make and file an amended City return showing income subject to the City tax based upon such final determination of federal tax liability, and pay any additional tax shown due thereon or make claim for refund of any overpayment.
(f) Due Date for Last Effective Year. Annual returns due for all or any part of the last effective year of this chapter shall be due on the date provided in this section and in Section 161.06 as though the same were continuing.
(Ord. 85-73. Passed 8-6-73.)