(a) Every person who anticipates any taxable income which is not subject to Section 890.07, or who engages in any business, profession, enterprise or activity subject to the tax imposed by Section 890.03, shall file a declaration setting forth such estimated income or the estimated profit or loss from such business activity, together with the estimated tax due thereon, if any, provided, however, that if a person's income is wholly from wages from which the tax will be withheld and remitted to the Village of Westfield Center in accordance with Section 890.07, such person need not file a declaration.
(b) Such declaration shall be filed on or before May 1 of each year during the life of this chapter, or within four months of the date the taxpayer becomes subject to tax for the first time.
(c) Those taxpayers reporting on a fiscal year basis shall file a declaration within four months after the beginning of each fiscal year or period.
(d) Such declaration shall be filed upon a form furnished by or obtainable from the Administrator. Credit shall be taken for the Village of Westfield Center income tax to be withheld, if any, from any portion of such income. In addition, credit may be taken for tax payable to other taxing municipalities in accordance with the provisions of Section 890.16.
(e) The original declaration (or any subsequent amendment thereof) may be increased or decreased on or before any subsequent quarterly payment date, as provided for herein.
(f) The taxpayer making the declaration shall, at the time of the filing thereof, pay to the Administrator at least one-fourth of the estimated annual tax due, after deducting:
(1) Any portion of such tax to be deducted or withheld at the source, pursuant to Section 890.07;
(2) Any credits allowable under the provisions of Section 890.16; and
(3) Any overpayment of the previous year's tax liability which the taxpayer has not elected to have refunded.
At least a similar amount shall be paid on or before the last day of the sixth, ninth and twelfth months after the beginning of a taxpayer's taxable year, provided that, in case an amended declaration has been duly filed or the taxpayer is taxable for a portion of the year only, the unpaid balance shall be paid in equal installments on or before the remaining payment dates.
(g) On or before the last day of the fourth month of the year following that for which such declaration or amended declaration was filed, an annual return shall be filed and any balance which may be due the Village of Westfield Center shall be paid therewith in accordance with the provisions of Section 890.06.
(Ord. 1999-10. Passed 12-7-99.)