On or before one hundred and five (105) day(s) from the end of the business(es)’ fiscal year, the licensee shall compute, on forms furnished by the administrator, the amount of tax due based on two percent (2%) of the net profit for the fiscal year, and shall compute, on forms furnished by the administrator, the amount of tax due based on the gross receipts fees specified herein or thereafter and, within the foregoing time limit, shall pay to the administrator the greater of the two (2) computed amounts.
(Ord. 12-1972, passed 5-15-72; Am. Ord. 14-1986, passed 6-16-86; Am. Ord. 9-1990, passed 10-8-90; Am. Ord. 12-2005, passed 6-6-05; Am. Ord. 6-2021, passed 4-5-21) Penalty, see § 111.99