(A) (1) On or before April 15, 1978, every taxpayer engaged in any business, the net profits of which are subject in whole or in part to the tax imposed by the Ordinance, shall make and file with the Village Clerk a final return on a form furnished by or obtainable from the Village Clerk. Thereafter, each such taxpayer shall, on or before April 15 of each subsequent year, make and file a final return with the Village Clerk. Like returns shall be filed at the same time and in the same manner by all persons whose wages, salaries, bonuses, incentive payments, commissions, fees and other compensation received during the preceding tax year are subject to the tax imposed by the Ordinance; however, where an employee's entire earnings for the year are paid by an employer and the Smithville tax thereon has been withheld and deducted by the employer from the gross amount of the entire earnings of such employee-taxpayer, and where the employer of such employee has filed a report or return in which the entire and only earnings of such employee are reported to the Village Clerk, and where such employee has no taxable income other than such earnings, it shall not be necessary for such employee to file a return for any taxable year in which such conditions have prevailed.
(2) Any person who receives compensation for services performed for an employer, in whatsoever form, and in addition receives income from any business activity or occupation not subject to the tax imposed hereunder, must file a declaration and a final return.
(3) For tax year 2000 and each tax year thereafter, a resident who does not receive any earned income during a tax year and who also does not receive any business income including, but not limited to, gross rental receipts in excess of $100 during such year shall not be required to file a return for that year; such fact may be reported to the Village Clerk on a form provided by or obtainable from the Clerk.
(B) In all returns filed hereunder there shall be set forth the aggregate amount of salaries, wages, bonuses, incentive payments, commissions, fees and other compensation received and/or net profits earned (all as herein-before defined) by and during the preceding year and subject to said tax, together with such pertinent information as the Village Clerk may require.
(C) If the return is made for a fiscal year or for any period other than a calendar year, the return shall be filed within three months from the end of such fiscal year.
(D) The return shall also show the amount of the tax imposed by the Ordinance on such earnings, or net profits, or both.
(E) The taxpayer making the return shall at the time of filing thereof, pay to the Village Clerk the amount of tax shown to be due and unpaid by the return. If, pursuant to the provisions hereof, the taxpayer has at the time of making such final return overpaid his tax, such taxpayer shall show the amount of overpayment and may in said return either (a) request a refund therefor, or (b) request that the amount thereof be credited against the amount which will be required to be paid by taxpayer on the next succeeding installment of tax which may become due.
(F) Where any portion of the tax otherwise due shall have been paid by the taxpayer pursuant to the provisions hereof, or where an income tax has been paid to another municipality, pursuant hereto, credit for the amount so paid shall be due and payable at the time of filing said final return.
(G) Upon written request of the taxpayer, the Village Clerk may extend the time for filing the annual return for a period of not more than six (6) months or not more than 30 days beyond any extension requested of and granted by the Federal Internal Revenue Department for the filing of the Federal Income Tax Return. A copy must be filed with the Smithville Income Tax Department
(Res. 1976-55, passed 12-13-1976; Am. Res. 1978-29, passed 9-11-1978; ; Am. Ord. 1992-34, passed 11-23-1992 Am. Res. 2000-15, passed 5-22-2000)