A. Quarterly Payment Periods Established-Payment Due. For purposes of this chapter, the annual calendar shall be divided into four quarters consisting of three-month periods commencing January 1st, April 1st, July 1st, and October 1st, of each year. All annual taxes shall be due and payable in advance on the first day of the quarter immediately following expiration of any existing certificate.
B. New Businesses-No Proration. If a person establishes a business on or after July 1, 1984 for which a tax is payable, his or her first tax period shall commence on the day when he or she first engages in said business and shall terminate on the last day of the third quarter following the quarter during which the person first engaged in said business, and the tax payment for that period shall not be reduced by the administrator even if the tax period is less than twelve (12) full calendar months. Thereafter, the annual tax period shall be for twelve (12) full months and the full annual tax shall be due and payable on the first day of the new annual period. The administrator may assign a shorter tax period, in such case the annual tax shall be reduced on a proportionate basis by the administrator.
C. Contractor Payment. A contractor's business operations tax shall be due and payable at the time the city building permit is issued. (Prior code § 23.04.406)