1967 1021 Ordinance - Laserfiche WebLink

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(2) Those taxpayers reporting on a fiscal year basis shall file a declaration within four (4) months after the beginning of each fiscal year or period. ? _ Sec. 111.1305 Form of Declaration. (1) The declaration required by Section 111.1303 shall be filed upon a form furnished by, or obtainable from, the Administrator, provided, however, credit shall be"taken £or Village of HayfieYd tax to be withheld from any portion of such income. Ia accordance with the provisions of Section 111.0901 or 111.0902 hereof, credit may be taken for tax to be paid or to be withheld and remitted to another taxing municipality. The original declaration ( or any subsequent amendnent thereof) may be increased or decreased on or before any subsequent quarterly payment date as provided for herein. Sec. 111.1306 Payment to Accompaqy Declaration. Such declaration of estimated tax to be paid-to the Village of MayEield shall be accompanied by a payment of at least one-fourth (1/4) of the esti.mated annual tax and at least a similar amount shall be paid on or before the last day o£ the sixth, ninth and twelfth months after the beginning of the taxable year. Provided, however, that in case an amended declaration has been filed, the unpaid balance showa due thereon shall be paid in equal installments on or before the remaining payment dates. Sec. 111.1307 Annual &eturn Ott or before the last day of the fourth month oE 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 Mayfield shall be paid therewith in accordance with the provisions of Section 111.1301 hereof. Sec. 111,1308 Extension of Filing Time. The Administrator may extend the ti.me of f iling any return required, of making any payment or performing any other act required by this ordinance for a period not to exceed six (6) months beyond the original required date. CHAPTER 15 INTEREST AND PENALTIFsS Sec. 111.1501 interest on Unpaid Tax. All taxes imposed and all monies withheld or required to be withheld by employers under the provisione of this ordinance and remaining unpaid after they become due shall bear iaterest at the rate of one-half of one percent (1/2%) per month or fraction thereof. 12.