34-67 New 128.0101 - 128.2702 enact income tax

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-8- (10) Salaries, wages, commissions and other compensation and net profits, the taxation of which is prohibited by the United States Constitution or any act of Congress limiting the power of the States or their political subdivisions to impose net income taxes on income derived from interstate commerce. (11) Salaries, wages, commissions and other compensation and net profits, the taxation of which is prohibited by the Constitution of the State of Ohio or any act of the Ohio General Assembly limiting the power of the City of Lakewood to impose net income taxes. RETURNL Section 128.1101 When Return Required To Be Made Each taxpayer, except as herein provided, shall, whether or not a tax be due thereon, make and file a return on or before April 30 of the year following the effective date of this Chapter, and on or before April 30 of each year thereafter. When the return is made for a fiscal year or other period dif- ferent from the calendar year, the return shall be filed within four (4) 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 said employer or employers from the salaries, wages, commissions or other compensation of an employee, and paid by him or them to the Administrator shall 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 compensation. Section 128.1102 Form and Content of Return The return shall be filed with the Administrator on a form or forms furnished by or obtainable upon request from such Administrator, setting 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 pre- ceding year and subject to said tax. (2) The amount of the tax imposed by this Chapter on such ~arnings and profits, and (3) Such other pertinent statements, information returns, ~or other information as the Administrator may require. Section 128.1103 Extension of Time for Filing Returns The Administrator may extend the time for filing of the annual return upon the request of the taxpayer for a period of not to exceed six (6) months, or one (1) month beyond any extension requested of or granted by the Internal Revenue Ser- vice for the filing of the Federal Income Tax Return. The Administrator may require a tentative return, accompanied by payment of the amount of tax shown to be due thereof by the date the return is normally due. No penalty or interest shall be assessed in those cases in which the return is filed and the final tax paid w~thin the period as extended.