(A) Whenever this chapter levies a privilege license tax computed on the basis of gross receipts, GROSS RECEIPTS means the amount reported as gross receipts on a business’s state income tax return, or on the federal income tax return filed with the state income tax return if the state return does not separately state gross receipts for the most recently completed tax year.
(B) If a business has not been in operation long enough for the information required in division (A) above to be available, the gross receipts will be estimated by whatever method reasonable.
(C) If there appears to be a deficiency in taxes paid by a business in accordance with divisions (A) or (B) above, the tax collector may resolve the issue by phone conversation, meeting in person or requesting to review appropriate business records to help determine the proper tax due. Also, if the applicant has issue with the amount of tax due, that person may request a conference with the tax collector in accordance with § 111.39.
(Ord. O-2012-51, eff. 4-12-2012) Penalty, see § 111.99