(a) Where an amended return must be filed in order to report additional income and pay any additional tax due or claim a refund of tax overpaid, the amended return shall be on a form furnished by or obtainable from the Finance Director or his delegate. The Municipality shall also accept for filing a generic form of such amended return and related documents if the generic form, once completed and filed, contains all of the information required to be submitted with the Municipality’s prescribed form and if the Taxpayer or return preparer filing the generic form otherwise complies with the rules and ordinances of the Municipality governing the filing of amended returns. A Taxpayer may not change the method of accounting or apportionment of Net Profits after the date for filing the original return.
(b) Within three months from the final determination of any federal tax liability affecting the Taxpayer’s Municipal tax liability, the Taxpayer shall make and file an amended Municipal return showing income subject to the Municipal tax based upon such final determination of federal tax liability, and pay any additional tax shown due thereon.
(c) No refund shall be allowed unless a written request is presented to the Finance Director or his delegate within the time limitation specified in Section 718.12(A) of the Revised Code.
(d) Should it appear that any Taxpayer has paid more than the amount of the tax to which the Municipality is entitled under the provisions of this Chapter or should it be found that the tax paid or withheld was done so in error, a refund of the amount so overpaid shall be made, provided that a timely claim for refund has been filed by the Taxpayer. No interest shall be paid by the Municipality on any overpayment by a Taxpayer except as provided in Section 718.12 of the Revised Code.
(e) The Finance Director or his delegate shall extend the time for filing of the Annual Return of the Taxpayer for a period equivalent to any extension granted by the Internal Revenue Service for the filing of the federal income tax return for the Applicable Taxable Year provided such request for extension is filed not later than the Annual Return Due Date for the Applicable Taxable Year.
(f) A copy of the federal extension request must be included with the Municipal income tax return, and payment of Municipal income tax shown to be due thereon must nevertheless be paid by the Annual Return Due Date for the Applicable Taxable Year.
(g) The Municipality may deny the Taxpayer’s request for an extension if the Taxpayer fails to timely file the request, fails to file a copy of the request for the federal extension, owes the Municipality any delinquent income tax or any penalty, interest, assessment, or other charge for the late payment or nonpayment of income tax, or has failed to file any required income tax return, report, or other related document for a prior tax period.
(Ord. 70-14. Passed 12-8-14.)