193.19 PAYMENT OF TAX INSTALLMENTS.

   (a)   At the time of filing each declaration required by Section 193.18 each taxpayer shall pay to the Finance Director one-fourth of the amount of his estimated annual tax. Thereafter, on or before the 15th day of June, September and December of each year during the life of the Ordinance, such taxpayer shall pay at least a similar amount. However, if any such taxpayer, on or before any such payment date, files an amended declaration showing an increase or decrease of the estimated tax, the installments then and thereafter due shall be increased or diminished, as the case may be, in such manner that the balance of the estimated tax shall be fully paid on or before December 15 of the taxable year involved through the payment of quarterly installments in equal amounts during the quarterly periods remaining from and after the filing of any such amended declaration.

(Ord. 2015-18. Passed 12-21-15.)

   (b)   Taxpayers who or which are permitted to make returns and pay their tax on a fiscal year basis (see Section 193.10) may make the quarterly payments on their declaration of estimated tax pursuant to Section 193.18(e) of these Regulations.

   (c)   For final returns and final adjustment of tax due, see Section 193.13.

(Res. 1970-14. Passed 8-24-70.)