(a) All taxes imposed and administered by this chapter shall be collectable, together with any interest and penalties thereon, by suit, as other debts of like amount are recovered.
(b) Any action to collect the tax shown due on a return filed with the Designated Collecting Agent shall not be commenced after three (3) years from the date such return was filed or due to be filed, whichever is later, unless the Designated Collecting Agent has made an assessment of additional taxes on such return whereupon such action shall not be commenced after three (3) years from the date such additional assessment is finally determined.
(c) All applications for refund shall be made within three (3) years of the due date of a final return or shall be forever barred thereafter. Provided, however, an extension may be granted by the Designated Collecting Agent on written application. Where the total amount due or refund claimed for a tax year is less than one dollar ($1.00) such amount shall not be collected or refunded. (Ord. 10-95. Passed 6-6-95.)