(A) Upon a person making application for the first license to be issued hereunder or for a newly established business, in all cases where the amount of license tax to be paid is measured by gross receipts, the person shall furnish to the Director of Finance, for his or her guidance in ascertaining the amount of license tax to be paid by the applicant, a statement written under penalty of perjury or sworn to before a person authorized to administer oaths, upon a form provided by the Director of Finance, setting forth the information as may be therein required and as may be necessary to determine the amount of the license tax to be paid by the applicant.
(B) If the amount of the license tax to be paid by the applicant is measured by gross receipts, he or she shall estimate the gross receipts, for the period to be covered by the license to be issued, or shall estimate the appropriate bracket within which his or her gross receipts fall. The estimate, if accepted by the Director of Finance as reasonable, shall be used in determining the amount of license tax to be paid by the applicant. The amount of the license tax so determined shall be tentative only and the person shall within 30 days after the expiration of the period for which the license was issued or before April 1 of the current year in the case of annual licenses, furnish the Director of Finance with a statement written under penalty of perjury or sworn to before a person authorized to administer oaths, upon a form furnished by the Director of Finance, showing the gross receipts during the period of the license and the license tax for the period shall be finally ascertained and paid in the manner provided by this chapter for the ascertaining and paying of renewal license taxes for other businesses, after deducting from the payment found to be due, the amount paid at the time the first license was issued.
(C) The Director of Finance shall not issue to any person another license for the same or any other business, until the person shall have furnished to him or her the written statement and paid the license tax, as herein required.
(`61 Code, § 12.9) (Ord. 397, passed 12-27-1960; Am. Ord. 399, passed 4-4-1961; Am. Ord. 955, passed 12-20-2005)