5.04.290 Statement of gross receipts.

(A) In all cases where the amount of the license fee to be paid is measured by gross receipts, the applicant for license shall furnish to the collector a sworn statement setting forth such information as is required and as may be necessary to determine the amount of the license fee to be paid by the applicant. Upon making application for the first license to be issued, or for a newly established business, a person shall estimate the gross receipts for the period to be covered by the license to be issued. Such estimate, if accepted by the collector as reasonable, shall be used in determining the amount of license fee to be paid by the applicant.

(B) The applicant for the renewal of a license shall submit to the collector a sworn statement setting forth such information concerning the applicant's business during the preceding year as may be required by the collector to ascertain the amount of the license fee to be paid by the applicant.