19-80 Amend Chapt 128 - Admin - increase income tax

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(b) Such returns shall be on a form or forms prescribed or acceptable to the Administrator and shall be subject to the rules and regulations prescribed therefor by the Administrator. The employer shall be liable for the payment of the tax required to be deducted and withheld whether or not such taxes have, in fact, been withheld. (c) The employer in collecting the tax shall be deemed to hold the same until payment is made by such employer to the City es a trustee for the benefit of the City, and any such tax collected by such employer from his employees shall, until the same is paid to the City be deemed a trust fund in the hands of such employer. (d) No person shall be required to withhold the tax on wages or other compensation paid domestic servants employed by him exclusively in or about such person's residence, even though such residence is in the City, but such employee shall be subject to all of the requirements of this Chapter. (Ord. 73-71. Passed 12-20-71) be and the same is hereby amended to read as follows: 128.1302 COLLECTION AT SOURCE (a) In accordance with the rules and regulations prescribed by the Administrator, each employer within or doing business within the City shell deduct, at the time of the payment of such salary, wages, commission or other compensation, the tax of one and one-half percent (1½%) per annum of the gross salaries, wages, commissions or other compensation due by the employer to each employee, and shall, on or before the last day of each month, make a return and pay to the Administretor the amount of taxes so deducted during the previous month. However, if the amount of the tax so deducted by an employer in any one month is less than one hundred dollars ($100.00), the employer may defer the filing of a return and payment of the amount deducted until the last day of the month following the end of the calendar quarter in which such month occurred. (b) Such returns shall be on a form or forms prescribed or acceptable to the Administrator and shall be subject to the rules and regulations prescribed therefor by the Administrator. The employer shall be llable for the payment of the tax required to be deducted and withheld whether or not such taxes have, in fact, been withheld. (c) The employer in collecting the tax shall be deemed to hold the same until payment is made by such employer to the City as a trustee for the benefit of the City, and any such tax collected by such employer from his employees shall, until the same is paid to the City be deemed a trust fund in the hands of such employer. (d) No person shall be required to withhol~ the :ax on wages or o:har compensation paid domestic servants employed by him exclusively in or about such person's residence, even though such residence is in the City, but such employee shall be subject to a11 of the requirements of this Chapter. Section 3. That subject to the approval of the electors of the City of Lakewood as provided in Section 718.01 of the Ohio Revised Code, Section 128.0502 of Chapter 128 of the AdministratiYe Code of the Codified Ordinances now reading as follows: 128.0502 EFFECTIVE PERIOD. Such tax shall be levied, collected end paid with respect to the salaries, wages, commissions and other compensation, and with respect to the net profits of businesses, professions or other activities earned on and after July 1, 1967. (Ord. 34-67. Passed 6-19-67) be and the same is hereby amended to read as follows: 328.0502 EFFECTIVE PERIOD. Such tax shall be levied, collected and paid with respect to the salaries, wages, commissions and other compensation~ and with respect to the net profits of businesses, professions or other activities earned on and after January 1, 1981.