(a) Each taxpayer, except as herein provided, having taxable income shall, whether or not a tax is due thereon, make and file a return on or before April 15th of each year. When a return is made for a fiscal year or other period different from the calendar year the return should be filed by the 15th day of the 4th month after the end of such fiscal year or period. The Administrator is hereby authorized to provide by regulations that the return of an employer or employers, showing the amount of tax deducted by said employer or employers from the salaries, wages, commissions or other compensation of an employee, and paid by him or them to the Administrator shall be accepted as the return required of any employee whose sole income, subject to tax under this chapter, is such salaries, wages, commissions or other compensation.
(Ord. 1360-10. Passed 11-22-10.)
(b) The return shall be filed with the Administrator on a form or forms furnished by or obtainable upon request from such Administrator setting forth:
(1) A. The aggregate amount of salaries, wages, commissions and other compensation earned; and
B. The gross income from a business, profession or other activity less allowable expenses incurred in the acquisition of such gross income;
C. Such income shall include only income earned during the year, or portion thereof, covered by the return and subject to the tax imposed by this chapter;
(2) A. The amount of tax imposed by this chapter on income reported;
(c) The Administrator may extend the time for filing of the annual return upon the request of the taxpayer for a period of not to exceed six months or one month beyond any extension requested of or granted by the Internal Revenue Service for the filing of the Federal Income Tax Return. The Administrator may require a tentative return, accompanied by payment of the amount of tax shown to be due thereon by the date the return is normally due. No penalty or interest shall be assessed in those cases in which the return is filed and the final tax paid within the period extended.
(d) (1) The taxpayer making a return shall, at the time of filing thereof, pay to the Administrator the balance of tax due, if any, after deducting:
A. The amount of South Amherst income tax deducted or withheld at the source pursuant to Section 181.06 hereof;
B. Such portion of the tax as has been paid on declaration by the taxpayer pursuant to Section 181.07 hereof.
(2) Should the return, or the records of the Administrator indicate an overpayment of the tax to which the Village of South Amherst is entitled under the provisions of this chapter, such overpayment shall first be applied against any existing liability and the balance, if any, at the election of the taxpayer communicated to the Administrator, shall be rendered or transferred against any subsequent liability. Provided, however, that overpayments of less than one dollar ($1.00) shall not be refunded.
(e) (1) Amended returns. Where necessary, an amended return must be filed in order to report additional income and pay any additional tax due, or claim a refund of tax overpaid, subject to the requirements and/or limitations contained in Sections 181.11
and 181.15
. Such amended returns shall be on a form obtainable on request from the Administrator. A taxpayer may not change the method of accounting or apportionment of net profits after the due date for filing the original return.
(2) Within three months from the final determination of any federal tax liability affecting the taxpayer’s South Amherst tax liability, such taxpayer shall make and file an amended South Amherst return showing income subject to the South Amherst tax based upon such final determination of federal tax liability, and pay an additional tax shown due thereon or make claim for refund of any overpayment.
(Ord. 424. Passed 6-8-70.)