Subject to the provisions of Section 880.13, each employer shall, at the time of payment of any taxable income specified under "Withholding Accounts - Duty of Withholding" (Article VIII) of the Income Tax Rules and Regulations effective January 1, 2016, deduct the tax of one and one-half percent, commencing January 1, 2016, of the qualifying wages due by such employer to his or her employees who are subject to the provisions of this chapter. Each employer shall make returns and pay to the City Income Tax Division, the tax withheld in accordance with "Withholding Accounts - Filing and payment requirements/deadlines for withholding businesses" (Article VIII) of the Income Tax Rules and Regulations effective January l, 2016. This is a continuation of the tax rate in effect July 1, 2015 in Chapter 880.
(Ord. 15-54E. Passed 12-7-15.)