(a) The taxes levied under this article shall be due and payable in quarterly installments on or before the expiration of one month from the end of the quarter in which they accrue. The taxpayer shall, within one month from the expiration of each quarter, make out an estimate of the tax for which he is liable for such quarter, sign it and mail it, together with a remittance in the form required by Section 749.22 of the amount of tax to the office of the city recorder. In estimating the amount of tax due for each quarter, the taxpayer may deduct one-fourth of the tax credit for industrial expansion allowable for the taxable year and one-fourth of the total exemption
allowed for the year. When the total tax for which any person is liable under this article does not exceed one hundred dollars in any year, the taxpayer may pay the same quarterly as aforesaid or, with the consent in writing of the City Recorder, at the end of the month next following the use of the tax year.
(b) Any other provision of this section notwithstanding, the City Recorder, if he deems it necessary to insure payment of the tax, may require the return and payment under this section for periods of shorter duration than quarter-year periods.
(6-27-77.)