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CITY OF NORTH O~NMSTED ORDINANCE NO. 7I- ~~ ~ Page 3 CHAPTER 13 PAYMENT OF TAX Section 1501.1301 Payment of Tax on Filing of Return (1) The taxpayer making a return shall, at the time of the filing thereof, pay to the Administrator the amount of taxes shown as due thereon ;provided, however, that where any portion of the tax so due shall have been deducted at the source pursuant to the provisions of Section1150I.1302 thereof, or where any portion of such said tax shall have been paid by the taxpayer pursuant to the provisions of Section 1501.1303 hereof, or whether an income tax has been paid to another municipality, credit for the amount so paid in accordance with Section 1501.1901 or 1501.1902 hereof, shall be deducted from the amount shown to be due and only the balance, if any, shall be due and payable at the time of filing said return. (2) A taxpayer who has overpaid the amount of tax to which the City of North Olmsted is entitled under the provisions of this Title may have such overpayment applied against any subsequent liability hereunder or, at hf s election, indicated on the return, such overpayment (or part thereof) shall be refunded provided that no additional taxes or refunds of less than One Dollar ($1.00) shall be collected or refunded. Section 1501.1302 COLLECTION OF SOURCE (a) In accordance with Rules and Regulation pre scrived by the Adminf strator, each employer within or doing business within the City of North Olmsted shall deduct at the time of the payment of such salary, wages, commission or other compensation, the tax of one-half of one per cent (I/2`Y) per annum of the gross salaries, wages, commision or other compensation due by the said employer to said employee and shall, on or before the 1st day of the month following the close of each caledndar quarter make a return and pay to the Administrator the amount of taxes so deducted, subject to the provisions of Subsections (c ), (d) and (e) hereof . Said returns shall be on a form or forms prescribed by or acceptable to the Administrator and shall be subject to the Rules and Regulations prescrived therefor by the Administrator . Such 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. (b) Such employer in cohlecting said tax shall be deemed to hold the same, until payment is made by such employer bd the City of North Olmsted, as a Trustee for the benefit of the City of North Olmsted and any such tax collected by such employer from his employees, shall, until the same is paid to the City of North Olmsted be deemded a trusfi fund in the hands of such employer. (c) Such employer who deducts the tax in an amount of $250.00 or more in the first or second month of a calendar quarter shall, on or before the 20th day of the following month, pay to the Administrator the amount of taxes so deducted. (d) Such employer who makes such payments on a monthly basis for the first two months of a calendar quarter shall pay such tax deducted for the third month of a calendar quarter at the regular time for filing the employer's quarterly return of income tax withheld. { e) Said payment shall be onaa form or forms furnished by or obtainable from the Administrator upon rgquest, setting forth the amount of tax deducted for the month. A receipted copy of such form shall be returned to the employer to be attached to and filed with the employer's quarterly return of income tax withheld . (f) No person shall be required to withhold ~h~tax on wages or other compen- sation paid domestic servants employed by him exclusively in or about such person's resident, even though such residence is in the City of North Olmsted but such employee shall be subject to all of the requirements of this Title. ~- ... ~~