In determining the number of employees for the purpose of fixing the tax due under this subchapter, the employer shall take the number of employees employed within the city earning wages during pay periods nearest the 15th day of each month, as reported to the State Department of Employment Development on forms which are used for reporting payments due under the Unemployment Insurance Act, for each month of the previous calendar year, adding the same and dividing by 12. If the employer has been in business less than one year, he may use the average number of employees who shall be employed by him during the remainder of the calendar year.
('64 Code, § 13-15) (Ord. 50, passed - - ; Ord. 397, passed 3-22-71)