§ 163-4. Computation of volume of business, estimated.

A. 

Every person, subject to the payment of the tax hereby imposed, who has commenced his business at least one full year prior to July 1, 1970, shall compute his annual gross volume of business upon the actual gross amount of business transacted by him during the twelve-month period commencing on July 1, 1969, and ending June 30, 1970.

B. 

Every person subject to the payment of the tax hereby imposed, who has commenced his business after July 1, 1969, but prior to June 30, 1970, or who has commenced his business on or subsequent to July 1, 1970, shall compute his annual gross amount of business transacted by him during the first month of his engaging in business, multiplied by 12, or multiplied by the number of months of the license year remaining, as the case may be.

C. 

Every person, subject to the payment of the tax hereby imposed, who engages in a business temporary, seasonal or itinerant by its nature, shall compute his annual gross volume of business upon the actual gross amount of business transacted by him during the license year.