Notwithstanding any other provision of this article, when the total tax for which any person is liable under the provisions of this article amounts to or exceeds one hundred dollars ($100.00) in any tax year, the taxpayer may pay the same quarterly; that is, within thirty days from and after the expiration of each quarter, such person shall make out an estimate of the tax for which he is liable for such quarter, verify the same under oath and deliver the same with his remittance for the amount of tax to the office of the Town Recorder. In estimating the amount due for each quarter, the taxpayer may deduct one-fourth of the total exemption to which he is entitled for the tax year. Regardless of the amount of tax due, the taxpayer may elect to make his return upon a semiannual basis.
(Passed 12-27-51)