(A) Each business entity subject to the provisions of this subchapter shall maintain a record showing gross receipts, as defined in this subchapter, but a separate record shall not be required if the business entity’s regular records contain the information.
(B) Whenever the Chief Financial Officer considers it necessary for proper administration of this division, a business entity shall permit an officer or employee of the City to make an audit of the records and any other books, papers, files, equipment, stock or inventory of the business entity and to examine witnesses under oath for the purpose of determining whether any provisions of this subchapter are being violated. If the Chief Financial Officer determines, on a basis of auditing returns of a business entities records, books, papers, files, equipment, stock or inventory of the business entity or on a basis of examinations of witnesses under oath, that the full amount of license fee has not been paid, a notice shall be given to the business entity.
(C) The notice of additional fee or notice that no license fee has been paid may be served and the amount of license fee may be collected by the Chief Financial Officer or, at any time within 5 years after the license fee was payable under this subchapter.
(1995 Code, § 3.20.160)
(D) The City, for the purpose of ascertaining the correctness of any return or for the purposes of making an estimate of the taxable income of any business entity, may require the attendance of a representative of the business entity or of any other person having knowledge in the premises.