(a) Income tax that has been deposited with Orwell Village, but should have been deposited with another municipality, is allowable by Orwell Village as a refund but is subject to the three-year limitation on refunds.
(b) Income tax that was deposited with another municipality but should have been deposited with Orwell Village is subject to recovery by Orwell Village. If Orwell Village's tax on that income is imposed after the time period allowed for a refund of the tax or withholding paid to the other municipality, Orwell Village shall allow a nonrefundable credit against the tax or withholding Orwell Village claims is due with respect to such income or wages, equal to the tax or withholding paid to the first municipality with respect to such income or wages.
(c) If Orwell Village's tax rate is less than the tax rate in the other municipality, then the nonrefundable credit shall be calculated using Orwell Village's tax rate. However, if Orwell Village's tax rate is greater than the tax rate in the other municipality, the tax due in excess of the nonrefundable credit is to be paid to Orwell Village, along with any penalty and interest that accrued during the period of nonpayment.
(d) Nothing in this section permits any credit carryforward.
(Ord. 15-12-02. Passed 12-29-15.)