§ 78-37. Filing of return; procedure where taxes overpaid or underpaid.

(a)

After the end of each year and on or before March 1 of the succeeding year, the owner, proprietor, manager or executive officer of the business liable for the occupation tax levied for the year shall file with the supervisor of the business license office of the county, on a form furnished by supervisor of the business license office, a signed return setting forth the actual amount of the gross receipts of such business during the calendar year.

(b)

If the amount of the occupation tax for the preceding year based on the return provided for in this section, and on the rate of the tax provided for in this article, exceeds the amount of occupation tax theretofore paid by the business based on the estimate filed pursuant to section 78-36, the difference in such amount shall be due and payable by the taxpayer to the county on March 1 of the current year and delinquent if not paid on or before such date.

(c)

If the amount of the occupation tax for the preceding year based on the return provided for in this section, and on the rate of the tax provided for in this article, is less than the amount of occupation tax theretofore paid by the business based on the estimate filed pursuant to section 78-36, the difference in such amount shall be refundable by the county to the taxpayer; or, if the business continues to be conducted in the county during the current year, such difference in amount may be credited by the county on the amount of occupation tax to be paid to the county by the business for the current year.

(Ord. of 10-25-94; Code 1977, § 3-7-8; Ord. of 2-26-08)