(a) Filing Date. Each taxpayer except as herein provided shall, whether or not a tax is due thereon, make and file a return on or before April 15 of the year following the effective date of this chapter, and on or before April 15 of each year thereafter. Returns postmarked on or before April 15 shall be deemed to have been filed timely. When the return is made for the fiscal year or other period different from the calendar year, the return shall be filed within four months from the end of such fiscal year or period. The Administrator is hereby authorized to provide by regulation that the return of an employer or employers, showing the amount of tax deducted by such employer or employers from the salaries, wages, commissions or other compensation of an employee, and paid by him or them to the Administrator may be accepted as the return required of any employee whose sole income, subject to tax under this chapter, is such salary, wages, commissions or other compensations.
(Ord. 61-2005. Passed 6-14-05.)
(b) Form and Content. The return shall be filed with the Administrator on a form or forms furnished by or obtained from the Administrator. Generic forms containing all required information and in the same format as City forms are acceptable subject to approval by the Administrator. The return shall set forth:
(1) The aggregate amounts of salaries, wages, commissions and other compensation earned and gross income from business, profession or other activity, less allowable expenses incurred in the acquisition of such gross income earned during the preceding year and subject to such tax;
(2) The amount of the tax imposed by this chapter on such earnings and profits; and
(3) Such other pertinent statements, information returns or other information as the Administrator may require.
(Ord. 9-2001. Passed 2-27-01.)
(Ord. 9-2001. Passed 2-27-01.)
(c) Extension of Time for Filing. The Administrator may extend the time for filing the annual return upon written request by the taxpayer or with a copy of the federal extension, for a period not to exceed six months or one month beyond any extension request of or granted by the internal revenue service for the filing of the federal income tax return. Extensions are to be submitted by the original due date of the return and accompanied by payment including the current year estimated tax payments.
(Ord. 38-2004. Passed 4-27-04.)
(d) Consolidated Returns.
(1) Filing of consolidated returns may be permitted or required in accordance with rules and regulations prescribed by the Administrator.
(2) In the case of a corporation that carries on transactions with its stockholders or with other corporations related by stock ownership, interlocking directorates, or some other method, or in case any person operates a division, branch, factory, office, laboratory or activity within the City constituting only a portion of its total business, the Administrator shall require such additional information as he deems necessary to ascertain whether net profits are properly allocated to the City. If the Administrator finds that net profits are not properly allocated to the City by reason of transactions with stockholders or with other corporations related by stock ownership, interlocking directorates, or transactions with such division, branch, factory, office, laboratory or activity or by some other method, he shall make such allocation as he deems appropriate to produce a fair and proper allocation of net profits to the City.
(e) Amended Returns.
(1) 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, limitations or both, contained in Sections 181.08 and 181.09. 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 City liability, such taxpayer shall make and file an amended return showing income subject to the City tax based upon such final determination of Federal tax liability, and pay any additional tax shown due thereon or make claim for refund of any overpayment.
(Ord. 173-1996. Passed 11-26-96.)
(Ord. 173-1996. Passed 11-26-96.)