§ 3-1.125. Business tax certificates: Renewal: Due dates.

(a)

All businesses. In all cases, the applicant for the renewal of the business tax certificate required by the provisions of this chapter shall submit to the Finance Director a written statement, upon a form provided by the Finance Director, written under penalty of perjury or sworn to before a person authorized to administer oaths, setting forth such information concerning the business of the applicant during the preceding year as may be required by the Finance Director to ascertain the amount of the business tax to be paid. Unless otherwise specifically provided, all annual business taxes required by the provisions of this chapter shall be due and payable in advance on April 30 of each year and shall be delinquent on May 1 of each year.

(b)

Business taxes based on gross receipts. For the renewal of the business tax certificate when the tax is based on gross receipts, the applicant shall submit to the Finance Director a written statement, upon a form provided by the Finance Director, written under penalty of perjury or sworn to before a person authorized to administer oaths, setting forth the bracket of gross receipts which correlates to the actual gross receipts earned the preceding calendar or fiscal year as reported to any Federal or State taxing authority to which gross income is reported to enable the Finance Director to ascertain the amount of the business tax to be paid by the applicant pursuant to the provisions of this chapter. The tax is an annual tax paid in advance and is based on the gross receipts of the preceding calendar or fiscal year.

For persons filing their initial renewal with the City and who have not operated their business the full calendar or fiscal year preceding the renewal, the tax paid at the time of the application shall be adjusted upon the renewal, based on the actual gross receipts for the period of time the business was in operation the preceding calendar or fiscal year. In addition, the annual tax shall be paid, based upon the actual gross receipts for the previous calendar or fiscal year, projected to an annual gross receipts amount. Any tax change due to a variance between the projected and actual gross receipts shall be adjusted on the following year's renewal.

(§ 1, Ord. 554, eff. January 11, 1984)