Except as otherwise provided in this section, every person who anticipates any taxable income which is not subject to Section 880.17, or who engages in any business, profession, enterprise or activity subject to the tax imposed by Section 880.03, shall file a declaration setting forth such estimated income or the estimated profit or loss from such business activity together with the estimated tax due thereon if any. However, if a person’s income is wholly from wages from which the tax will be withheld and remitted to the City in accordance with Section 880.17, such person need not file a declaration. If the estimated tax for the current year, less the tax to be withheld and less the tax credit allowed in Sections 880.34 and 880.35 amounts to not more than ten dollars ($10.00), no declaration or payment of estimated tax is required.
(Ord. 80-73. Passed 12-11-73.)