(a) If the taxpayer
has failed to file a return, or if the Tax Collector is not satisfied
with the return and payment of the amount of tax required, and additional
taxes are determined by the Tax Collector to be due, the Tax Collector
shall deliver written notice of his determination of a deficiency
to the taxpayer, and such deficiency, plus penalties and interest,
shall be due and payable forty-five (45) days after receipt of the
notice and demand. Such additional taxes shall bear any applicable
civil penalties and interest as provided in Section ___-540, and every
such notice of a determination of an additional amount due shall be
assessed within the limitation period provided in Section ___-550.
(1) When a return
is filed. If the Tax Collector is not satisfied with a return and
payment of the amount of tax required by this Chapter to be paid
to the City, he may examine the return or examine the records of
the taxpayer, and redetermine the amount of tax, penalties, and
interest required to be paid, for any periods available to the Tax
Collector under Section ___-550, based upon the information contained
in the return or records or based upon any information within his
possession or which comes into his possession.
(2) When no
return is filed. If any person fails to make a return, the Tax Collector
may make an estimate of the amount of tax due under this Chapter
and compute any applicable penalties and interest due, based upon
any information within his possession or which comes into his possession.
(b) Estimates
by the Tax Collector. Any estimate made by the Tax Collector is to
be made on a reasonable basis. The existence of another reasonable
basis of estimation does not, in any way, invalidate the Tax Collector's
estimate. It is the responsibility of the taxpayer to prove that the
Tax Collector's estimate is not reasonable and correct, by providing
sufficient documentation of the type and form required by this Chapter
or satisfactory to the Tax Collector.
