(A) (1) The license fee provided for by this subchapter shall be as set forth in § 37.091 and shall be either:
(a) Where the annual license fee is based upon gross receipts, same shall be measured by the amount of the gross receipts of the business entity for the appropriate accounting period immediately preceding April 15 and shall be the respective percentage of the gross receipts as set forth in the applicable sections; provided, however, that, the minimum or maximum license fee shall be as therein stated, notwithstanding the amount of the gross receipts of the business entity.
(2) Unless otherwise authorized by the Chief Financial Officer, in writing, upon written request of the business entity, the fiscal year shall be the same as defined in § 7701(6)(24) of the Internal Revenue Code.
(B) The license fee shall be due and payable as provided in § 37.076. The License period shall be for one full year commencing July 1 of 1 year and extending through June 30 of the following year, except as may otherwise be specifically provided for under any section pertaining to a particular business.
(1995 Code, § 3.20.210)