(a) Every taxpayer who anticipates any income which is not subject to the provisions of Section 171.05 shall file a declaration of the estimated tax for each taxable year within one hundred twenty days after the beginning of each taxable year. Such forms may simply state that the figures used in making such declaration are the figures used in making the declaration of the estimate for the federal income tax, provided that it is understood that such figures may be modified according to the provisions of this chapter, so that the declaration required by this section shall set forth only such income as is taxable under the provisions of this chapter. The Commissioner of Taxation will assist anyone so desiring with preparation of his declaration.
(b) Such declaration shall be filed upon a form furnished by, or obtainable from, the Commissioner. However, credit shall be taken for the City tax to be withheld from any portion of such income, in accordance with the proportion of such income. In accordance with the provisions of this chapter credit may be taken for tax to be paid to, or to be withheld and remitted to another income taxing municipality not to exceed two percent (2%), per W-2, or the rate of said municipality whichever is the least, not federal, state, school district or other tax whose aim is not for local municipal purpose.
(c) Such declaration of estimated tax to be paid to the City, may be accompanied by a payment in full or in four equal installments due on or before the thirtieth day of the fourth month and the fifteenth day of the sixth, ninth and twelfth month after the beginning of the taxable year. However such estimate may be amended at the time of making of any quarterly payment and further provided that on or before the filing date as specified in Section 171.04 for the taxable year for which such declaration was filed a final return shall be filed and any balance, which may be due the City, shall be paid therewith. Should it then appear that such taxpayer has paid more than the amount of tax to which the City would be entitled under the provisions of this chapter a refund or credit of the amount so overpaid shall be made.
(d) Any person who resides or is domiciled in the City of Struthers, but who receives net profits, wages, commissions or other compensation for work done, services performed or business transacted outside of the City of Struthers upon production of satisfactory evidence that he has paid an income tax on such net profits, salary, wages, commissions or other compensation to another municipality, shall be entitled to adjust the net income subject to the tax herein imposed by deducting therefrom the net income on which he has paid such other income tax, except that no adjustment may be made for any such income the source of which where determined in accordance with the methods of allocation provided herein, is within the City of Struthers. All residents of the City of Struthers who are conducting a business or professional activity outside of the City of Struthers, and who are not paying an income tax to any other municipality, shall pay a tax as provided for in Section 171.03 of this chapter or any amendments on the net profits earned from such business, profession or activity. The City of Struthers, Ohio shall have the right to collect the full two percent (2%) from any person who resides or is domiciled in the City of Struthers, but who receives net profits, salary, wages, commissions or other compensation for work done, services performed or business transacted outside of the City of Struthers who pays to such outside municipality a lesser amount of tax than that provided in this chapter.
(e) The credit provisions of this section apply only to residents of the City of Struthers. Nonresidents who receive net profits, salaries, wages, commissions or other compensation for work done or services performed or rendered within the City of Struthers, and are subject to the tax imposed by this chapter shall not be allowed a credit for any income tax paid to another municipality, subdivision or state.
(Ord. 01-10037. Passed 10-10-01.)