Ordinance 1960-93 - Laserfiche WebLink

the tax or fee due unless the amount of the payment is in the full and actual amount due. The return shall first be presented to the City Treasurer, who shall endorse thereon the date and the amount of the payment received by him/her and shall thereupon forthwith file the return with the City Clerk. B. Forms. The City Clerk is authorized, but not required, to mail to taxpayers forms for applications for license and forms for returns, but failure of the taxpayer to receive any such forms shall not excuse the taxpayer from making application for and securing the license required, making returns, and payment of the license fee or tax, when and as due hereunder. Section 21: Records to be Preserved--Examination--Estoppel to Questions Assessment. A. It shall be the duty of every person liable for the payment of any fee or tax imposed by this ordinance to keep and preserve for the period of five years such books and records as will accurately reflect the amount of his gross income, gross proceeds of sale or value of products, as the case may be, and from which can be determined the amount of any fee or tax for which he may be liable under the provisions of this ordinance. Books and records shall include, but not limited to, copies of all federal income tax and state tax returns and reports made by the business. All of the business records shall be open for examination at all reasonable times by the Audit Manager or his/her authorized agent. Any person who fails to comply with the requirements of this section shall be forever barred from questioning, in any court action or proceedings, the correctness of any assessment of taxes made by the Audit Department based upon any period for which such books, records, and invoices have not been kept and preserved. B. Any person claiming a credit against the tax or fee imposed by this chapter shall keep and preserve until the claim has been verified or allowed by the Audit Department sufficient books, records and invoices to prove the right to, and amount of, such claim for credit, and no such claim shall be allowed unless this requirement has been fulfilled. C. In the case of any such person who does not keep the necessary books and records within the city for examination, it shall be sufficient if such person produces within the city such books and records as may be required by the Audit Manager, or bears the cost of examination by the Audit Manager or his/her agent at the place where such books and records are kept; provided that the person electing to bear such cost shall pay in advance to the Audit Manager the estimated amount thereof including round-trip fare, lodging, 26