(A) (1) (a) Each employer shall deduct from the pay due any employee as defined in § 5.20.020, the amount of the license fee measured by the compensation due each employee multiplied by 1.5%.
(b) The amounts so deducted shall be paid by the employer to the City of Olive Hill (on a quarterly basis), for the periods ending on March 31, June 30, September 30 and December 31 on or before the end of the month following the end of the quarter.
(2) (a) The amount paid to the City Clerk shall be computed only on the compensation due the employee for work performed within the city.
(b) Should the employee's compensation paid by the employer to the employee for the particular taxable period be a mix between in the city and out of the city, then the amount paid to the City Clerk shall be attributable only to that portion paid for services performed within the City of Olive Hill.
(B) The failure or omission of the employer to comply with division (A) above will result in the removal of the employer's business license (permit) to operate within the City of Olive Hill.
(C) However, failure or omission by an employer to deduct such license fee shall not relieve any employee from the payment of such license fee, and compliance with the requirements for making returns as provided in the subchapter or with any regulations promulgated under this subchapter.
(D) Each employer shall file with the City of Olive Hill a return by January 21 of each year, on a form provided by the City of Olive Hill, showing the adjusted taxable gross amount of compensation of each employee and the amount of the license fees deducted and paid by the employer, during all or any part of the preceding calendar year, and the last known address of each employee.
(E) The employer shall, on or before January 31 of each year, furnish to each employee a statement showing the total amount deducted and paid to the city by the employer during the previous year.
(F) Federal agencies, having employees within the City of Olive Hill, shall provide notification to their respected employees of the deadlines of the occupational licenses fee due to the City of Olive Hill. Notices shall be delivered to the employee or posted conspicuously within the work area.
(Ord. 2013-07, passed 10-15-2013; Ord. 2017-06, passed 6-29-2017)