(a) Each taxpayer shall, whether or not a tax be due thereon and whether or not taxes have been deducted or withheld from a taxpayer, pursuant to Section 171.05 hereof, make and file a return on or before April 15, 1978, and on or before April 15 of each year thereafter, with the Commissioner of Taxation, or such other official as may be designated by Council, on a form furnished by or obtainable from the Commissioner, or any generic form providing the generic form contains all required information as deemed necessary by the Commissioner of Taxation, setting forth the aggregate amount of salary, wages and other compensation or net profits earned by him during the preceding year and subject to the tax, together with such other pertinent information as the Commissioner may require. However, when the return is made for a fiscal year or other period different from the calendar year, the return shall be made within one hundred and five days from the end of such fiscal year or other period.
(b) The return shall also show the amount of the tax imposed by this chapter on such earnings and profits and the taxpayer making the return shall at the time of the filing thereof, pay to the Commissioner the amount of taxes shown as due thereon. However, any portion of the tax so due shall have been deducted at the source and shall have been paid to the Commissioner by the person making such deduction pursuant to the provisions of Section 171.05 hereof, or where any portion of such tax shall have been paid by such taxpayer pursuant to the provisions of Section 171.06 hereof, or where an income tax has been paid to another income taxing municipality, not federal, credit for the amount so paid up to a maximum allowed (2%) per W-2 as per Section 171.06(b) and shall be deducted from the amount shown to be due and only the balance if any, shall be due and payable at the time of filing such return.
(c) A taxpayer electing to pay the alternative tax as provided for in Section 171.03(b)(3) shall not be obligated to file a return or report of the taxpayer's net profits earned during the taxable period, but shall file a statement, under oath, made by the taxpayer or principal accounting officer that the tax calculated upon its payroll as provided for in Section 171.03(b)(3) will equal or exceed the tax levied and provided for by Section 171.03 (a)(3), (4) and (5). The Commissioner may use all authority of investigation and examination of the taxpayer's records provided for hereinafter in Section 171.07(c), and (e) to verify the accuracy of such payment.
(d) The Commissioner is hereby authorized to provide by regulation that the return of any employer or employers showing the amount of tax deducted by such employer or employers from the salaries, wages or commissions of any employee and paid by him or them to the Commissioner, shall be accepted as the return of any employee whose sole income, subject to the tax or taxes under this chapter is such salary, wages or commissions. However, the Commissioner does not have to accept such employer return as the return of any employee.
(e) The Commissioner may extend the time for filing of the annual return upon the request of the taxpayer for a period not to exceed six months, or one month beyond any extension requested of and granted by the Internal Revenue Service for the filing of the Federal Income Tax Return. The Taxpayer shall make the request by filing a copy of the taxpayers' Federal Extension Form. The request for extension shall be filed not later than the last day for filing the City's Income Tax Return as prescribed in Section 171.04(a). A tentative return, accompanied by payment of the amount of tax shown to be due, shall be filed with said extension. No penalty shall be assessed when an extension is filed in a timely manner and a payment is received with said extension, however interest at the rate imposed under Section 171.08(a) shall apply.
(Ord. 01-10037. Passed 10-10-01.)