(A) Unless otherwise provided in the schedule of taxes in § 110.16 of this chapter, each privilege license issued shall cover the 12-month period beginning July 1 of each calendar year and ending June 30 of the subsequent calendar year.
(B) (1) The privilege license tax is due on July 1 of each year.
(2) If, however, a person begins a business after July 1, the tax for that year must be paid before the business is begun.
(1987 Code, § 2-4-14)