§ 40-23. Application for license to include amount of gross receipts, gross business or gross commissions, or other factors upon which fee is based.

(a)

Required information. Each applicant for an occupation license, in all cases where the fee for such license is based on annual gross receipts, annual gross business or annual gross commissions, shall include in his application the amount as nearly equal to the annual gross receipts, annual gross business or annual gross commissions of his business or occupation for the next preceding calendar year, using as the basis for such computation the same figure shown by his books and records, by his federal and state income tax returns, by his state sales tax returns, or by any other records or copies thereof, which correctly and accurately show such gross annual business, gross annual commissions or annual gross receipts of the applicant for such period; and each applicant for such license, in all cases where the fee for such license is based on conditions or factors other than gross annual business, annual gross commissions or annual gross receipts, shall include in his application a true and accurate statement of such conditions or factors upon which such license fee is or shall be based.

(b)

Right to audit. The commissioner of revenue and the director of finance, or any deputy or agent thereof, or certified public accountant employed thereby, shall have the right at all reasonable times during regular business hours to audit or examine the books and records of the applicant or licensee for the purpose of determining the truthfulness and accuracy of any statements made by the applicant or licensee in an application for a current or preceding year's occupation license. All applications accepted by the commissioner of revenue shall be accepted subject to audit. No license shall be issued to any applicant so long as the applicant refuses to permit such audit or examination to be made on all prior years' licenses.

(Code of Gen. Ords. 1967, § 21.21; Ord. No. 47195, 11-10-76; Ord. No. 48068, 7-21-77)