(a) Tax Due by Purchaser from Purchase Price. The successor in business of any person shall withhold so much of the purchase money as will satisfy the taxes and penalty which may be due until the former owner produces a receipt from Council evidencing the payment of such taxes and penalty. If the purchaser of a business or stock of goods fails to withhold purchase money as above provided, and the taxes and penalty remain unpaid after expiration of the thirty- day period allowed for payment thereof, he shall be personally liable for the payment of all such taxes and penalty, and the same shall be recoverable by Council by action or suit provided by this article.
(b) Tax From Final Settlement of Contract. All state and county officers and agents making contracts on behalf of the State or political subdivisions thereof shall withhold payment for final settlement of such contracts until the receipt of a certificate from the City Treasurer to the effect that all taxes levied or accrued under this article against the contractors have been paid.
(c) Tax From Final Settlement of Contract with Nonresident. Any person, firm or corporation contracting with a nonresident firm, person or corporation engaged in a business or service taxed under this article shall withhold payment in sufficient amounts to cover taxes assessed by this article in the final settlement of such contracts until the receipt of a certificate from the City Treasurer to the effect that all taxes levied or assessed under this article against the contractor have been paid. If any person, firm or corporation fails to withhold as provided herein, he shall be personally liable for the payment of all such taxes and the same shall be recoverable by the City by appropriate legal proceedings.