§ 5.55.070 — Accounting methods
Seattle Municipal Code (Supp. No. 44: codified through Ordinance No. 127459, passed June 30, 2026) · Seattle Mun. Code § 5.55.070
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5.55.070 - Accounting methods.
A. A taxpayer may file tax returns in each reporting period with amounts based upon cash receipts only if the taxpayer's books of account are kept on a cash receipts basis. A taxpayer who does not regularly keep books of account on a cash receipts basis must file returns with amounts based on the accrual method. B. The taxes imposed and the returns required, hereunder, shall be upon a calendar year basis.
(Ord. 120668, § 4, 2001.)