(a) In accordance with rules and regulations prescribed by the Administrator, each employer in or doing business in the Municipality shall deduct, at the time of payment of the salary, wages, commission or other compensation due by the employer to an employee, the amount of tax imposed by Section 880.04 on the gross salaries, wages, commissions or other compensation and on the tips or gratuities reported to such employer by the employee for Social Security or Federal Income Tax purposes, and shall, on or before the last day of the month following the close of each calendar quarter, make a return and pay to the Administrator the amount of taxes so deducted. Such returns shall be on a form prescribed by or acceptable to the Administrator and shall be subject to the rules and regulations prescribed therefor by the Administrator. Such employer shall be liable for the payment of the tax required to be deducted and withheld, whether or not such taxes have in fact been withheld.
(b) Such employer, in collecting such tax, shall be deemed to hold the same, until payment is made by such employer to the Municipality, as a trustee for the benefit of the Municipality, and any such tax collected by such employer from his or her employees, shall, until the same is paid to the Municipality, be deemed a trust fund in the hands of the employer.
(c) On or before January 31 of each year beginning with 1980, each employer shall file a withholding return setting forth the names and addresses of all employees from whose compensation the tax was withheld during the preceding calendar year, the amount of tax withheld from his or her employees and such other information as may be required by the Administrator. All payments not subject to withholding shall be reported on a form required by the Administrator.
(d) The Administrator may, for good cause, require immediate returns and payments to be submitted to his or her office.
(Ord. 11-79. Passed 5-14-79.)